finance相关词组.doc

1、annual return 年度收益、年利润 The return an investment provides over a period of time, expressed as a time-weighted annual percentage. Sources of returns can include dividends, returns of capital?and capital appreciation. The rate of annual return is measured against the initial amount of the investment and represents a geometric mean rather than a simple arithmetic mean.?Annual return is the de facto method for comparing the performance of investments with liquidity, which includes stocks, bonds, funds, commodities and some types of derivatives. Different asset classes are considered to have different strata of annual returns.? 2、annuity 年金 A financial product sold by financial institutions that is designed to accept and grow funds from an individual and then, upon annuitization, pay out a stream of payments to the individual at a later point in time. Annuities are primarily used as a means of securing a steady cash flow for an individual during their retirement years. 3、breakup value (破产企业)清理价值(指把资产分开出售所得的价值)；(公司解散并出售其各部门之后的)残(余价)值 The sum-of-parts value of a publicly traded company.?This value is derived by analyzing each business segment of a company independently.?This is usually applied to large cap stocks that are likely to operate in several different markets or industries.?A breakup value analysis may be brought about by investors if the market cap of the stock is less than the breakup value for a prolonged period of time. 4、compound interest 复利 Interest added to interest previously earned on a principal balance. Compounding increases the depositors rate of return on bank balances and the lenders effective yield on the unpaid principal of outstanding loans.? 5、simple interest 单利 A quick method of calculating the interest charge on a loan. Simple interest is?determined by multiplying the interest rate by the principal by the number of periods. Simple interest=P*I*N, Where:P is the loan amount,I is the interest rate,N?is the duration of the loan, using number