大学金融英语一课件陈庆柏 王景仙ISBN 9787566304827 PPTchapter 28.pptVIP

Chapter Twenty-Eight The Risk Management of Financial Institutions Learning objectives After studying this chapter you should be able to: 1. Tell why it is difficult to manage the risks of financial institutions 2. Explain the major tools used by financial institutions to reduce their risks, esp. credit risks Notes I. New Words 1. furthermore adv. 此外in addition or besides 2. volatile a. 易变的；反复无常的quickly changing (名词为volatility) 3. substantial a. 大的，e.g.～fluctuation 大的波动 4. customer n. 客户a person or a firm dealing with a financial institution (有时也用client) 5. monitoring n. 监视 Notes 6. covenant n. 合同或契约的条款 (a restrictive～means a contract provision or clause limiting the use of the loan contained in a loan agreement) 7. commitment n. 许诺，e.g. a loan～贷款许诺 8. collateral n. 担保品property that is pledged to the lender to guarantee payment in the event that the borrower should be unable to make debt payments 9. proceeds n. 收入，收益 10. to ration vt. 配给，定量供应 Notes II. Useful and Idiomatic Expressions 1. to result in… 导致 2. in light of… 依照，根据…… 3. to become more concerned about… 对……变得更加关心 4. to screen out from… 从……筛选出，将……与……分开 5. to have the incentive to do sth. 有做某事的刺激 6. to provide sb. with sth. 向某人提供…… 7. in the case of… 在碰到……的情况下in the event that sth. happens 8. to pay off 付清/使人有报偿 Notes III. Key Terms 1. risk management 风险管理 rate refer to managing those financial risks such as credit risk, liquidity risk, interest rate risk and international risk 2. loan default 贷款违约=debt default 3. collateral requirements 关于担保品方面的要求或规定 4. a secured loan 抵押贷款/放款 5. compensating balances 补偿性余额 6. credit risk 信贷风险the risk that the interest or principal, or both on securities and loans will not be paid as promised Main Text Why Is Financial Institution Risk Management So Difficult? Greater uncertainties and more unfavorable economic environment brought about by the world-wide economic crisis, increasingly bigger fiscal deficit, growing debt default danger and soaring unemployme