real dollar
实际货币
real rate of
return 实际收益率
inflation
rate 通货膨胀率
principal
本金
deflation
滞胀
yield to
maturity 到期收益率
market
capitalization rate 市场资本化率
dividend
yield 红利收益率
cost of
equity capital 权益资本成本
payout ratio
红利发放率
earnings per
share (EPS) 每股收益
return on
equity (ROE) 权益收益率
discount cash
flow 贴现现金流
growth stock
成长股
income stock
绩优股
present value
of growth opportunity (PVGO) 成长机会的现值
price-earnings ratio (P/E)
市盈率
free cash
flow (FCF) 自由现金流量
book rate of
return 账面收益率
capital
investment 资本投资
operating
expense 经营费用
payback
period 回收期
discounted-payback rule
贴现回收期法则
discounted-cash-flow rate of return
贴现现金流量的收益率
internal rate
of return (IRR) 内部收益率
lending
贷出
borrowing
借入
profitability measure 盈利指标
standard of
pfofitability 赢利标准
modified
internal rate of return 修正内部收益率
mutually
exclusive projects 互相排斥的项目
capital
rationing 资本约束
profitability
index 盈利指标
soft
rationing 软约束
hard
rationing 硬约束
incremental
payoff 增量收入
net working
capital 净营运资本
sunk cost
沉没成本
sunk-cost
fallacy 沉没成本悖论
overhead cost
间接费用
salvage value
残值
straight-line
depreciation 直线法折旧
Internal
Revenue Service 国内税收署
tax shield
税盾
accelerated
cost recovery system 加速成本回收折旧法
alternative
minimum tax 另类最低税
tax
preference 税收优惠
accelerated
depreciation 加速折旧
project
analysis 项目分析
equivalent
annual cash flow 等价年度现金流
marginal
investment 边际投资
default risk
违约风险
risk premium
风险溢酬
standard
error 标准误差
standard
deviation 标准差
market
portfolio 市场组合
market returm
(rm) 市场收益率
variance
方差
the loss of a
dgree of freedom 自由度损失
sole propsietorship 德尔菲
unique risk
独特风险
unsystematic
risk 非系统风险
residual risk
剩余风险
specific risk
特定风险
diversifiable
risk 可分散风险
market risk
市场风险
systematic
risk 系统风险
undiversifiable risk
不可分散风险
convariance
协方差
well-diversified 有效分散
value
additivity 价值可加性
efficient
portfolio 有效投资组合
quadratic
programming 二次规划
best
efficient portfolio 最佳有效投资组合
capital asset
pricing model (CAPM) 资本资产定价模型
separation
theorem 分离定理
security
market line 证券市场线
market
capitalization 市场资本总额
small-cap
stocks 小盘股
book-to-market ration
账面-市值比
data mining
数据挖掘
data snooping 数据侦察
consumption
beta 消费贝塔
consumption
CAPM 消费型资本资产定价模型
risk aversion
风险厌恶
arbitrage
pricing theory 套利定价理论
sensitivity
of each stock to these factors 每种股票对这些因素的敏感度
three-factor
model 三因素模型
company cost
of capital 公司资本成本
industry beta
行业贝塔
firm value
公司价值
debt value
负债价值
asset value
资产价值
blue-chip
firm 蓝筹股
financial
leverage 财务杠杆
gearing
举债经营
financial
risk 财务风险
unlever
消除杠杆
relative
market values of debt (E/V) 负债的相对市场价值
taxable
income 应税利润
after-tax
cost 税后成本
marginal corporate tax rate 公司边际税率
after-tax
weighted-average cost of capital 税后加权平均资本成本
cyclicality
周期性
cyclical
firms 周期性公司
operating
leverage 经营杠杆
revenue
收入
fixed costs
固定成本
variable
costs 可变成本
rate of output 产出率
certainty
equivalent 确定性等价值
certainty-equivalent cash flow
确定性等价现金流
risk-adjusted
discount rate 风险相应贴现率
underlying
variables 基础变量
sample 抽样
real option
实物期权
decision tree
决策树
timing qption
安排期权
production
option 生产性期权
option to
bail out 清算选择权
economic rent 经济租金
future market
期货市场
capital
budget 资本预算
strategic
planning 战略规划
appropriation
request 拨款申请
postaudit
事后审计
stock options
股票期权
private
benefit 私下利益
perks
特权享受
perquisite
特权享受
overinvestment
过度投资
generally
accepted accounting principle (GAAP) 公认会计原则
qualified
doption 保留意见
delegated
委托
economic
value added (EVA) 经济附加值
trade loading
贸易超载
economic
depreciation 经济折旧
national
income and product accounts 国民收入与产出账户
cap
上限合约
strip
本息剥离债券
swap 互换
bookrunner 股份登记员
efficient
capital market 有效资本市场
random walk
随机游走
positive
drift 正漂移
autocorelation coefficient
自相关系数
weak form of
efficiency 弱有效性
semistrong
form of efficiency 半强有效性