New Words
- `: M2 T$ `1 V' y: a foreign adj.
2 u/ v& u6 P9 b( U, {$ m) p' y! B exchange n.
p. j4 o; r' _8 y1 k! E" {# F dealing n.% X. T* s6 K! B9 H2 I7 t1 z7 I
subject adj.( ?+ L" Z8 D6 K, z1 U3 c1 }: n
control n.
# r9 Z' p5 y3 E6 U. O# }1 U consist (of) vi.
0 M. m) M$ ~1 G# X/ j8 k broker n.
7 o$ x, m0 d# O* w: X' z* \" } section n.
% U3 s/ b# `1 G6 V: [: Q& S7 ^' [7 p spot n.
, t) t, f( J' }9 I7 F8 ]+ _9 |8 b transaction n.
6 f5 m6 ^% X# B7 m8 k forward adj. g2 r( u: k) ?2 q5 H+ E
settle vt. x) ?5 m6 `$ {& }
promptly adv.
3 @( ^$ D- ^' d O" p3 ^ instrument n.
$ n' B V3 o3 J% E! H2 I% a conclude vt.' C. Q3 x2 b$ }! z* }6 e' G9 \
difference n.
. ^$ `/ Y* B* V6 y: i6 ], R premium n.8 {: u- y# j! f0 S3 m: g$ z; s( r! T1 y
discount n. 单词# P# C9 `% e+ @- ~% Y7 `) E
外国的,外来的
2 _. J3 Z, ^/ A4 p# U9 v* H 交换, 调换, 兑换8 X. U& J+ [8 I, N3 n) y
行为, 交易1 }; P. s& i$ I) {- C/ b9 [
受制于...的, 受...影响的1 g& Y' k8 z4 j; O. p8 G
控制, 支配, 管理( c# @9 G/ ~7 w9 E2 V) F
由...组成
% h3 S) j! n( R" O/ f/ Z" j) y 掮客, 经纪人
& B1 s( O# T5 j; [3 E' E r# H 部分, 断片, 部件
! b1 G# `% A+ F" p+ P$ L) b( P4 G 地点, 场所, 现场
& q( u; t2 W- g& s9 Q' L 交易, 事务$ Z F$ l# x% y3 |, a) J$ j
属于(关于)将来的
' B, X! z: m1 m7 u5 U9 D 解决, 支付
9 }% L7 t! L; |" m 敏捷地, 迅速地
N$ B' Q8 b9 O8 s: T! x 文件;工具' {, `/ E7 K2 z: x
缔结, 议定( _2 ?+ u+ i0 U( e2 _ Q
差异, 差别, 差额' T. U$ m6 g( I8 f! K- K+ \" G3 Z6 S; Q
(货币兑现的)升水6 S+ V& l& c/ u+ M! |3 A: C
折扣;贴水6 R$ r. P! y1 ^' t
Phrases and Expressions. K8 s; i3 R, V/ @: a+ W
foreign exchange market* @/ e b. z, ]) H- k! s
foreign exchange dealing
7 L; a2 n# P5 `4 b consist of2 u7 A/ [7 @9 [- W" S' I
exchange dealer
0 x3 d* ^/ A( e7 i( S. @3 A exchange broker
' w, o* x7 }5 Q spot market
1 ?2 C2 v2 P( B h0 W8 o4 K spot transaction. o I+ e0 Q5 ], G
forward market
- W4 g: [* }, | r5 k, w( W' h forward transaction* k' Y. x2 e0 X/ o! q) P+ |! p
subject to
2 c+ k0 X2 t2 K8 O, @) l0 d exchange control2 q1 J6 {4 b, L: |! F9 {, ]# D7 T* ^" b
exchange rate
+ b' i& K5 q; V7 @2 A& b exchange instrument
8 A! e( T3 k4 L T/Ts4 j$ i5 R! [+ r k( {5 u
cable rate
9 z4 Q! h/ k6 Q* G/ T) v5 Z, u sight draft
5 J" x" S4 o* @3 X, Y" k( c demand rate
, C Y7 Q( F5 v7 x. G% j w# g selling rate
/ S, y. Y. Q! @/ u' ^1 @ buying rate, D9 ^# I$ o% `4 h; c# Q
spot rate! U) e7 A; v: u2 i
forward rate, S' ]2 f, ?0 h) z) S5 ^
at par 短语与词组. V( ^; }3 x; w6 w9 L E- o9 F; y! I. |
外汇市场
- E( S) c Y8 J) g 外汇交易$ A0 V6 X) r. O' {* s- |
由…组成;由…构成
! q- Q, S2 ~" R( @. g: z, q 外汇交易商
/ F! |1 n1 N! E1 C6 u" I* q 外汇掮客& X& }7 k; p# J# }: E
即期市场
$ T5 S4 c( Z3 g1 p# A2 A2 _. a( X 即期交易! M l: H" ?: p9 O& g
远期市场
( b1 N1 `! g2 J0 }& h2 }; b 远期交易0 Z, Z# J* y. D0 i' o7 d
遵照;服从- Y9 ~6 F1 V, x. C8 n1 ]+ M
外汇管制
+ M+ ~! g- J/ H8 s! ~0 O 外汇汇率
9 T8 e7 |# q. d7 R* A: ~ 交易工具- R# `* q2 h$ S, {* s- n: n
电汇价2 r+ M8 `' `& m+ a" e
电汇比率* G! \ r9 f4 i
即期票据; K( B* {0 E! F. t! m" _2 x& l( r
即期汇率
9 P! O8 S. b3 q; ? 卖出汇率" k" f) G( P6 u+ e
买入汇率
* L; j; C- \# r) t+ j1 A! V 现汇汇率
]; w7 t# m2 F 远期汇率
+ Q5 z X* a, P I6 z 平价" u- N" j. J, E7 u7 T' J! X& c) D
Notes( c5 v: v4 Y! D0 ~; O2 z
1.Spot transactions are foreign exchange transactions that have to be settled promptly, forward transactions have to be settled on a agreed future date. 即期交易是指必须立刻进行交割的外汇交易,远期交易必须在双方约定的将来某个日期进行交割。
( P4 \2 p% M- a0 m5 j" C (1)此句中的that have to be settled promptly是定语从句。
5 p1 l1 M5 B4 y: q' M6 L* p! n (2)have to:to be obliged to; must:被迫:必须:/ r+ |, R: q& w9 H. j9 _
例:We simply have to get there on time.& P7 B9 F8 ^3 K, K- W; _
我们不得不准时赶到那里
+ {/ S7 Q* a8 I0 y. c (3)on a agreed future date在双方约定的将来某个日期
8 s6 ~! K4 w- p agreed是agree的过去分词,做定语,意思是“双方约定的;双方同意的”。% M- M6 ~. B2 \& O5 }& ~- m' ~ F
2.The price of one currency in terms of another is called rate of exchange or exchange rate. 一种货币的价格用另一种货币来表示,叫做汇率。1 N+ ]5 x; h8 k4 Z% q2 Q- j
(1)in terms of…:as measured or indicated by; in units of:用…衡量或表示;用…的措辞:
% F2 n* W9 I1 R9 m' M 例:distances expressed in terms of kilometers as well as miles. F& A4 n7 g1 e
用公里和英里来表示距离
' {+ m. R- Z( G) J1 n 3.If the forward rate is above the spot rate, the difference is called premium, if the forward rate is below the spot rate, the difference is known as a discount. 如果远期汇率高于即期汇率,其差额叫做升水;如果远期汇率低于即期汇率,其差额叫做贴水。& J& [/ d; y% p6 p
(1)forward adj.of, relating to, or done in preparation for the future:预付的,期货的:属于(关于)将来的,为将来做准备的( u, J( M2 H+ H* u( F# P2 [ O
例:bidding on forward contracts for corn.. I. x/ P: a6 P' g: P: D
为玉米的期货交易叫价6 x- C* H/ R0 \" v
(2)spot adj.①made, paid, or delivered immediately立即制定、支付或发送: z8 c0 T) [0 o, J; g5 v# C
例:a spot sale
7 A5 n# ]! H) O, B( _- o) f$ {! t5 x 即时结清的买卖
1 X- \# `; E% O* u0 `& k. k ②of, relating to, or being a market in which payment or delivery is immediate现场交易的:货到时付的或现付的,交易等当时支付现金的与市场相关的或市场的,在此种市场中现金支付和交割即时进行8 Z( U, c! L% M
例:the spot market in oil.% y S* B, r! ]2 w6 l5 `% {1 X6 |+ }' E) l
石油的现场交易市场+ K. c8 J( G9 I2 A5 C, k/ Q4 x$ M
(3)premium n.the amount at which something is valued above its par or nominal value, as money or securities溢价:某物高于标准价或票面价的价值,如钱或证券. D* R* I2 ^" t, O! A1 v
(4)discount n.①a reduction from the full or standard amount of a price or debt折扣:从整个或标准的价格或债款的折扣2 { H- ]0 |3 H$ I. h8 C
②the act or an instance of discounting a bill of exchange, note, or other commercial paper贴现:对期票、钞票或其他商业票据打折扣的过程或事例 |