金融英语5教案详解.ppt

Fiscal agent 财政代理 An organization, such as a bank or trust company, that takes responsibility for the fiscal duties of an unrelated party. Here the central bank acts as an agent empowered to collect taxes, revenues, and duties on behalf of the government. Aggregate credit :Total amount of credit总信贷 Copyright ? 2010 Pearson Education, Inc. Publishing as Prentice Hall * Fiscal deficit 财政赤字 The fiscal deficit is the difference between the government‘s total expenditure and its total receipts (excluding borrowing). The fiscal deficit can be financed by borrowing from the central bank (which is also called deficit financing or money creation) and market borrowing (from the money market, that is mainly from banks). Copyright ? 2010 Pearson Education, Inc. Publishing as Prentice Hall * Position: 部位；头寸 1) 指银行的营业终止后，所保有的各种外国通货的净余额。若买入多于卖出，则呈现超买（overbought），卖出多于买入，则呈现超卖（oversold）。买卖相抵后没有余额者，称为均衡部位（equilibrium position）。 2） 指银行存款与放款之间有未轧平（mismatch）的情形。 Copyright ? 2010 Pearson Education, Inc. Publishing as Prentice Hall * position 1)n.the place occupied by sb.or sth. Eg: Can you find out our position on the map? 2)A person’s relative rank in society; one’s social status. Eg: He looks down upon people in positions of power. He has got a good position with a local bank. 3)Financial circumstances/standing 财务状况、头寸 Eg: We are not in a position to repay the loan yet. Will you take a long position or short position? balance the positions of financial institutions 平衡资金头寸 4)Attitude, viewpoint, stand Eg: Don’t take a radical position on this issue.不要对这个问题持激进态度。 Copyright ? 2010 Pearson Education, Inc. Publishing as Prentice Hall * Break even 收支相抵、损益两平:make neither profit nor loss Lending facilities 贷款工具 Priority construction 重点建设: key construction Fixed-asset investment 固定资产投资 bank run 银行挤兑 Copyright ? 2010 Pearson Education, Inc. Publishing as Prentice Hall * Bottleneck 瓶颈 1. a place where a road becomes narrow, or a place where there is often a l