大学金融英语chapter 19 U.S. Investment Banks.ppt

Chapter een
. Investment Banks
Learning objectives
After studying this chapter you should be able to:
1. Know what is meant by investment bank in the .
2. Tell briefly about the historical development of . investment banking
3. Explain the primary functions performed by . investment banks
Notes
I. New Words
1. takeover n. 收购the acquisition of an anization by another through the purchase of the firm
2. conglomerate n. 联合大企业a diverse group panies usually managed by a pany
3. conventional a. 传统的,惯常的
4. illegal a. 不合法的unlawful
5. legality n. 合法性
6. trustee n. 受托人
7. prespecified a. 事先指定的
Notes
II. Useful and Idiomatic Expressions
1. to place sth. in small parcels among investors 将……拆成较小的份额出售给投资者= to make sth. into smaller lots and then sell to investors
2. prior to 在……之前
3. to pared with.... 与……相比
4. be similar to... 与……相近似
5. be popularly known as... 以……为大众所知晓
6. to attend to other chores 专心做好其它工作
Notes
7. to fulfill one’s obligation 履行某人的义务
8. to proceed with 继续做……工作
9. plete the paperwork 完成日常的文书工作
10. to advise on sth. 就……提出意见to give advice on sth.
11. to separate sth. from sth. else 将……与……分离开
12. to attest to... 就……进行作证
13. to file documents提交文件
Notes
8. legal tender 法定货币,法币
9. legal process 法律手续
10. Say’s Law 萨伊法则
11. Milton Friedman 米尔顿·弗雷德曼(美国和世界知名货币主义者who is for steady government-controlled money growth)
12. negotiable instruments 可转让票据(又译流通票据/证券)
13. near money 准货币=quasi money
14. postal orders (英)邮政汇票
15. bill of exchange(英)汇票(美语带用draft表示同样意思)
Notes
III. Key Terms
1. financial intermediary 金融中介a institution such as a bank, an pany, a mutual fund, a pension fund. and a pany that borrows funds from people who have saved and then make loans to others
2. Credit Suisse First Boston 瑞士信贷第一波士顿银行
3. Morgan Stanley (美)摩根史坦利投资银行
4. underwriter n. 承销/包销证券的投资银行an investment bank that guarantees prices on securities to corporations and then sell the securities to the public.
Notes
5. syndicate n. 投资银行辛迪加a group of investment banks or bankers and