ChapterSevenCapitalMarketsintheU.S.ChapterSevenCapitalMarketsiLearningobjectivesAfterstudyingthischapteryoushouldbeableto:1.Giveyourdefinitionofcapitalmarket2.Tellthepurposesofcapitalmarkets3.Explainthestructureofcapitalmarkets4.Tellbrieflyallthemajortradinginstrumentsofcapitalmarkets5.TellthechiefcapitalmarketparticipantsintheU.S.6.MakeacomparisonbetweencapitalmarketsandmoneymarketsintheU.S.LearningobjectivesAfterstudyNotesI.NewWords1.exchangen.課文中當“交易所”講，如：stockexchange股票交易所，commodityexchange商品交易所2.secureda.有擔保的=guaranteed,其反義詞為unsecured3.collateraln.抵押品/物（英國人用collateralsecurity或security表示同樣意思）4.alternativea.n.兩者（或兩者以上）挑一的/選擇5.variablea.可變的，常變的6.topreservevt.保護7.cruciala.決定性的NotesI.NewWordsNotes8.entityn.法人（=legalentity）9.proceedsn.收入，實收款項10.creditorn.債權人，與debtor“債務人”相對11.towarehousevt.儲存=tostore，英國人多用store來表示同樣意思12.toentitlevt.給……權力（或資格）13.whereasconj.盡管14.tooriginatevi.發生=tohappenoroccurNotes8.entityn.法人（=legalNotesII.UsefulandIdiomaticExpressions1.tosatisfyrequirementsfor...滿足……的要求/需要；達到……的要求2.toraisecapitalfor...為……籌措資金3.topayoff付清（債務或工資）4.tosetaside留出5.tofallinto可分成6.toprotectagainst...保護以免受到……的損害7.topledgesth.ascollateral/security將……用來作抵押8.overthephone在電話上9.bycontrast相比之下NotesII.UsefulandIdiomatic大學金融英語chapter-7-Capital-Markets-in-the-U-S[精]課件大學金融英語chapter-7-Capital-Markets-in-the-U-S[精]課件Main

TextDefinitionofcapitalMarketPurposesofCapitalMarketsStructureofCapitalMarketsMainTextDefinitionofcapitalMain

TextTradingInstrumentsofCapitalMarkets1.Bonds2.Stocks3.Mortgages4.FundsMainTextTradingInstrumentsoMain

TextParticipantsofCapitalMarkets1.TheFederalandLocalGovernments2.Corporations3.HouseholdsMainTextParticipantsofCapitMainTextComparisonbetweenU.S.MoneyMarketsandCapitalMarketsThetradinginstrumentsaredifferentThepurposesofthemaredifferent

Theparticipantsinthemaredifferent

Whereasmostmoneymarkettransactionsoriginateoverthephone,mostcapitalmarkettransactions,measuredbyvolume,occurinorganizedexchanges

MainTextComparisonbetweenU.1.Whatiscapitalmarket?2.Whatarethepurposesofcapitalmarkets?3.Howiscapitalmarketstructured?4.CanyoutellallthemajortradinginstrumentsintheU.S.capitalmarkets?5.WhoarethemajorparticipantsintheU.S.capitalmarkets?6.Whatarethedifferencesbetweencapitalmarketsandmoneymarkets?