Resources
Special Terms |
| spending spree | 消费热，购买狂潮 |
| debt loads | 债务负担，债务量 |
| accounting practices | 会计实务，会计惯例 |
| share price | 股票价格 |
| quality of earnings | 收益质量 |
| investment banker | 投资银行 |
| global leadership position | 全球领先地位 |
| service(sb's) debt | 偿还债务利息 |
| debt payment | 债务偿还 |
| discount | 折扣 |
| secondary market | 二级市场 |
| initial public offering（IPO） | （股票）首次公开发行 |
| Companies Shopped—Now They've Dropped | shop 原意是“买东西，购货”，此处指企业的收购和兼并行为； drop在此句中指股票下跌。 请注意体会shop和drop的押韵效果。 |
| post-Enron world | 安然之后的世界 注：安然公司（Enron）是一家能源交易商，总部设在得克萨斯州的休斯敦，曾被《财富》杂志评为美国最有创新精神的公司，公司的股价2000年最高达到每股90美元，市值约700亿美元。但在安然公司前任财务主管涉嫌做假账，受到美国证券交易委员会调查的消息公布后，公司盈利大幅下调，标准普尔等公司将其债券评级调降为垃圾债券，股价一度跌至每股26美分。2001年12月2日美国安然公司根据美国破产法规定，向纽约破产法院申请破产保护，破产申请文件中开列的资产总额达498亿美元，创下了美国历史上最大宗的公司破产案记录。 |
| JP Morgan Chase & Co. | JP Morgan Chase & Co. is a global financial services firm with operations in over 60 countries. The Company's principal bank subsidiaries are The Chase Manhattan Bank, Morgan Guaranty Trust Company and Chase Manhattan Bank USA, National Association. Its principal non-bank subsidiaries are its investment bank subsidiaries, Chase Securities Inc. (CSI) and J.P. Morgan Securities Inc. (JPMSI). JP Morgan Chase's activities are internally organized into five business franchises (Investment Bank, Investment Management & Private Banking, Treasury & Securities Services, JPMorgan Partner and Retail & Middle Market Financial Services). In November 2001, the Company merged its two lead banks, The Chase Manhattan Bank and Morgan Guaranty Trust Company of New York. The name of the merged bank is JPMorgan Chase Bank. JP摩根 |
| DuPont Co. (DD) | The company was started on the 19th July 1802 by E.I DuPont, who began a gunpowder works on the banks of the Brandywine River near Wilmington, Delaware, USA. The company has had its primary interests firmly rooted in the chemical industry. According to its 1998 annual report, DuPont is not leaving this behind and describes itself as a science company. In 1999, it made 3 significant changes to its business. Firstly, it sold its energy business, Conoco. Secondly, it bought Merck's 50% share of the DuPont Merck Pharmaceutical Company and renamed it the DuPont Pharmaceutical Company. Thirdly, it acquired Company and renamed it the Du Pont Pharmaceutical Company. Thirdly, it acquired the remaining 80% of Pioneer Hi-Bred. These three events reinforced Du Pont's position as a life sciences company. 杜邦公司 |
| Liquidity squeeze | liquidity ：the degree to which an asset can be quickly and cheaply turned into money which, by definition, is completely liquid A current account bank deposit is a liquid asset because it can be withdrawn immediately at little cost; an office building, by contrast, will take a considerable time to dispose of and estate agent’s fees and other costs will be incurred. A company or individual is said to be liquid if a high proportion of its or his assets are held in the form of cash or readily marketable securities. 偿债能力，流动性 Liquidity squeeze：头寸紧张 |