2014-2015-2货币银行学专业术语考核1-10.docx

利率的风险结构risk structure of interest rates利率的期限结构term structure of interest rates无违约风险债券default-free bonds风险溢价risk premium信用评级credit-rating agencies垃圾债券 junk bonds收益率曲线yield curve翻转的收益率曲线inverted yield curve预期理论expectations theory分割市场理论segmented markets theory流动性溢价理论Liquidity premium theory期限优先理论preferred habitat theory股东stockholder现金流量cash flows剩余索取权 residual claimant股利dividends推广的股利估值模型generalized dividend model戈登增长模型Gordon growth model适应性预期adaptive expectations理性预期rational expectation最优预测optimal forecast有效市场假定efficient market hypothesis套利arbitrage行为金融 behavioral finance抵押品collateral担保债务secured debt限制性条款 restrictive covenants共同基金mutual fund免费搭车者问题free rider problem权益资本equity capital委托-代理问题principal-agent problem高额核实成本costly state verification风险投资公司venture capital firm激励相容incentive compatible 国有银行state-owned banks范围经济economies of scope利益冲突conflicts of interest钓鱼行为spinning首次公开发行Initial public offerings银行业恐慌bank panic金融自由化financial liberalization信用繁荣credit boom资产价格泡沫asset-price bubble债务萎缩debt deflation次级抵押贷款subprime mortgages抵押支持证券mortgaged-backed securities金融工程financial engineering新兴市场经济体emerging market economies金融全球化 financial globalization资产负债表the balance sheet贴现贷款discount loans准备金reserves库存现金vault cash法定准备金required reserves超额准备金excess reserves二级准备金 secondary reserves资产管理 asset management负债管理liability management资本充足性管理capital adequacy management信用风险credit risk利率风险interest rate risk贴现率discount rate股权报酬率return on equity 资产回报率return on assets股本乘数equity multiplier贷款承诺loan commitments余额补偿compensating balances信用配给 credit rationing缺口分析gap analysis久期分析duration analysis表外业务off-balance-sheet activityopportunity cost 机会成本demand curve 需求曲线Liquidity preference framework 流动性偏好理论Fisher effects 费雪效应real interest rate 实际利率coupon bond 息票债券indexed bond 指数化债券coupon rate 息票利率current yield 当期收益率present value 现值discount bond （zero-coupon bond）贴现发行债券（零息债券）rate of capital gain资本利得率yield to maturity 到期收益率commodity money 商品货币currency 通货asset transformatio