Corporatefinance專業(yè)詞匯手冊

introductiontocorporatefinanceCorporatefinance（financialmanagement：公司貝才務、公司金融、貝才務管理Capitalbudgeting：資本預算Capitalstructures：資本結(jié)構(gòu)Workingcapitalmanagement流動資本管理Soleproprietorship）：獨資制、單一業(yè)主制Partnership合伙制Corporation：公司、股份公司Profitmaximization:禾潤最大化Agencyrelation：委托代理關(guān)系Agencyproblem：委托代理問題Managerialcompensation管理層報酬Corporatecontrol:公司控制Primarymarket:一級市場、發(fā)行市場Secondarymarket二級市場、交易市場financialstatements,taxesandcashflowFinancialstatements:貝才務報表Cashflow:現(xiàn)金流Accountingvalue:會計Netincome：凈禾1J潤Depreciation折舊Thebalancesheet資產(chǎn)負債表Theincomestatement損益表Currentasse疏動資產(chǎn)Fixedasset固定資產(chǎn)Inventory存貨Currentliabilities流動負債Bond債券Bondholder債券持有人Shareholdersequity/commoneqWty/owner'sequity股東權(quán)益Balancesheetidentity資產(chǎn)負債表等式Networkingcapital營運資本Capitalspending資本支出Liquidity:流動性Generallyacceptedaccountingprinciples公認會計準貝UHistoricalcost:歷史成本Theincomestatement損益表Operatingcashflow：經(jīng)營現(xiàn)金流Earningspershare(EPS)每股收益Earningsbeforeinterestandtaxes(EBIT)目、稅前禾潤Revenue:收入workingwithfinancialstatementsShort-termsolvency/liquidityratios:短期償債能力、流動比率Long-termsolvency/financialleverageratios：長期償債能力、貝才務杠桿比率Assetmanagementorturnoverratios資產(chǎn)周轉(zhuǎn)比率Profitabilityratios:盈利比率Marketvalueratios：市場價值比率Quick(acid-testratio)：速動比率/酸性比率Debt-equityratio:債務權(quán)益比Equitymultiplier：權(quán)益乘數(shù)Long-termdebtratio：長期債務比率Inventoryturnover：存貨周轉(zhuǎn)率Days'salesininventory:存貨周轉(zhuǎn)天數(shù)Receivablesturnover：應收賬款周轉(zhuǎn)率Days'salesinreceivables應收賬款周轉(zhuǎn)天數(shù)Returnonassets資產(chǎn)報酬率Returnonequity^權(quán)益報酬率Price-earningratio:市盈率Market-to-bookratio:市凈率Chapter5andchapter6:discountedcashflowvaluationtimevalueofmoney:貨幣時間價值futurevalue：終值compounding/interestoninterest復禾/禾滾禾presentvalue現(xiàn)值discountrate貼現(xiàn)率discountedcashflow(DCF)valuation：貼現(xiàn)現(xiàn)金流股價Annuities：年金Perpetuities永續(xù)年金Preferredstock優(yōu)先股Commonstock:普通股Interest-onlyloan：純利息貸款Amortizedloan:分期償還貸款Chapter7andchapter8:interestrates,bondvaluationandstockvaluationBond:債券Bondscoupons：債券票面禾1」息Facevalue/parvalue面值Parvaluebond平價債券Bondstimetomaturity:債券至U期Yieldtomaturity(YTM):到期收益率Discountbond:折價債券Premiumbond:溢價債券Interestraterisk利率風險Semiannualcoupons一年付息兩次債券Zerocouponbond零息債券Floating-ratebond:浮動利率債券Commonstock普通股Thedividendgrowthmodel:股利增長模型Cumulativevoting：累計投票Straightvoting：直接選舉netpresentvalueandotherinvestmentcriteriaNetpresentvalue:凈現(xiàn)值Paybackrule：回收期Discountedpayback折現(xiàn)回收期averageaccountingreturn平均會計報酬率Internalrateofreturn：內(nèi)部報酬率Mutuallyexclusiveinvestments：互斥投資項目Profitabilityindex:獲利能力指數(shù)andchapter11:MakingcapitalinvestmentdecisionsandprojectanalysisIncrementalcashflows增量現(xiàn)金流Sunkcosts沉沒成本Opportunitycosts：機會成本Sideeffects：副作用Financingcosts融資成本Scenarioanalysis情境分析Sensitivityanalysis：敏感性分析Simulationanalysis：模擬分析Break-evenanalysis盈虧分析Fixedcosts：固定成本Variablecosts變動成本Averagecostversusmarginalcost平均成本/邊際成本Operatingleverage經(jīng)營杠桿Financialleverage：貝才務杠桿Chapter12andchapter13:riskandreturnRiskpremium：風險溢價Variabilityofreturns:報酬率的變動Standarddeviation標準差Variance：方差Normaldistribution:正態(tài)分布Arithmeticaverages：算術(shù)均值Geometricaverages幾何均值Capitalmarketefficiency：資本市場有效性Theefficientmarketshypothesis(EMH)：有效市場假說Weakformefficient：弱有效Semistrongformefficient:半強有效Strongformefficient:強有效Chapter12:return,riskandthesecuritymarketlineExpectedportfolioreturns：期望組合收益率Portfoliorisk:組合風險Securitymarketline：證券市場線Diversification:多元化Portfoliorisk:組合風險Systematicrisk：系統(tǒng)風險Unsystematicrisk：非系統(tǒng)風險Capitalassetpricingmodel(CAPM)costofcapitalWeightedaveragecostofcapital(WACC)Costofcapital：資本成本Costofequity:股權(quán)成本Risk-freerate：無風險收益率Marketriskpremium:市場風險溢價Flotationcosts：發(fā)行成本raisingcapitalVenturecapital風險資本Privateequity:私募股權(quán)Publiccompany/listedcompany上市公司Gopublic：上市Generalcashoffer現(xiàn)金發(fā)行Rightsoffer：認股權(quán)發(fā)行/配股Initialpublicoffering:首次公開發(fā)行Underwriter：承銷商andchapter17:capitalstructurepolicyanddividendpolicyBankruptcycost