新编金融英语听说教程U7-2.pptx

下载文档

0
0
约9.32千字
约 34页
2025-04-16 发布于中国
举报
版权申诉
保障服务

新编金融英语听说教程U7-2.pptx

1、本文档共34页，可阅读全部内容。
2、原创力文档（book118）网站文档一经付费（服务费），不意味着购买了该文档的版权，仅供个人/单位学习、研究之用，不得用于商业用途，未经授权，严禁复制、发行、汇编、翻译或者网络传播等，侵权必究。
3、本站所有内容均由合作方或网友上传，本站不对文档的完整性、权威性及其观点立场正确性做任何保证或承诺！文档内容仅供研究参考，付费前请自行鉴别。如您付费，意味着您自己接受本站规则且自行承担风险，本站不退款、不进行额外附加服务；查看《如何避免下载的几个坑》。如果您已付费下载过本站文档，您可以点击这里二次下载。
4、如文档侵犯商业秘密、侵犯著作权、侵犯人身权等，请点击“版权申诉”（推荐），也可以打举报电话：400-050-0827(电话支持时间：9:00-18:30)。

Unit7FinancialMarkets:Stocks,BondsandSecurities

Dialogue1documentary n.纪录片feat n.技艺broker n.（股票）经纪人sellingshort 卖空

M:Mrs.Jones,IhappenedtowatchadocumentaryonTVyesterdayaboutmakinginvestmentinstocks,inwhichtheterm“sellingshort”wasmentionedseveraltimes.Ireallyappreciateitifyoucouldtellmesomethingmoreaboutit.W:Youaresuchakeenlearner,Pete!Letmeputitthisway,sellingshortorshortsellingisatechniqueusedbypeoplewhotryto(1)profitfromthefallingpriceofastock.Itisveryriskyasitrequiresprecisemarkettiming,whichisadifficultfeat.M:Iseewhatyoumean,Mrs.Jones.Thestockmarkethashistoricallytendedtoriseinvalueovertime,therefore,sellingshortgoescontrarytotheoveralldirectionofthemarket.Buthowdoesitwork?

W:Assumeyouwanttosell100shortsharesofacompanybecauseyoubelieve(2)salesareslowinganditsearningswilldrop.Yourbrokerwillborrowthesharesfromsomeonewhoownsthemwiththepromisethatyouwillreturnthemlater.Youimmediatelyselltheborrowedsharesatthe(3)currentmarketprice.Whenthepriceofthesharesdrops,youbuythesharesback,andyourbroker(4)returnsthemtothelender.Yourprofitisthedifferencebetweenthepriceatwhichyousoldthestockandyourcosttobuyitback,minus(5)commissionsandexpensesforborrowingthestock.M:Soundsveryattractive!Butifthepriceofthesharesincreases,mypotentiallossescanbehuge.

OralPracticeTrytodescribetheprocessofshortsellinginthepicturewithyourownwords.

Dialogue3Vanguard美国先锋集团Fidelity 美国富达投资集团

W:Hi,Jackson,Ihaven’tseenyouforawhile.Whatareyoubusywiththesedays?M:Ihavesomesparemoneyathandnow,soIwanttoinvestitinthestockmarket.ButIdon’tknowhowtodowithit.Ilookedituponlinesomehow,butIstilldon’thaveaclue.W:Buyingstocksisnotthatdifficult.Infact,toinve