打印版-金融英语测试题自测
第一章：
1、equity（股本）
2、financial system
3、portfolio（投资组合）
4、bond
5、stock
1.another way for Intel to raise funds to
build a new semi-conductor factory is to sell stock in the company. Stock represents ownership in a firm and is, therefore a claim to the profits that the
firm makes. For example, if Intel sells a
total of 1000000 shares of stocks, then share represents ownership of 1/1000000 of the business
2.A mutual fund is an institution that sells
shares to the public and uses the proceeds
to buy a selection, or portfolio, of various types of stocks, bonds, or both stocks and bonds. The shareholder of the mutual fund accepts all the risks and returns associated with the portfolio. If
the value of the portfolio rises, the shareholder benefits, if the value of the
portfolio falls, the shareholder suffers
the loss.
第二章：
1、commodity money
2、fiate money
3、bank note
4、Treasury Bill
5、money supply
Most countries today have an “independent” central bank, that is, one
which operates under rules designed to prevent political interference. Examples
include the European Central Bank, the
US
Federal Reserve, the Reserve Bank of Australia, the Reserve Bank of India, the
Bank of England, the Bank of Canada, etc.
Some central banks are publicly owned, and
others are, in theory, privately owned. In
practice, there is little difference between public and private ownership, since
in the latter case almost all profit of the
bank are paid to the government either as a
tax or a transfer to the government. Central banks implement a country's
chosen
monetary policy. At the most basic level,
this involves establishing what form of currency the country may have, whether a
fiat currency, gold-backed currency ( disallowed for countries with membership
of the IMF ), currency board or a currency
union. When a country has its own national
currency, this involves the issue of some
form of standardized currency, which is essentially a form of promissory note: a
promise to exchange the note for “money”under certain circumstances.
第三章：
Interest rate
Inflation
monetary policy
Federal Reserve Act
Discount loan
Serious disagreements existed over
whether
the central bank should be a private bank
or
a government institution. Because of the heated debates on these issues, a compromise
was struck. In American tradition, Congress
wrote an elaborate system of checks and balances into the Federal Reserve Act of 1913, which created the Federal Reserve System with its 12 regional Federal Reserve
Banks.
All national banks (commercial banks chartered by the Office of the Comptroller
of the Currency) are required to be members
of the Federal Reserve System.
