国际金融 名词解释(英语)

1.

balance

of

< br>payments

(

国际收支平衡表

):the

set

of

accounts

recording

all

flows

of

value

between

a

nation's

residents and the residents of the rest of the world during a period of time.

2.

credit item

:

(

贷方项目

) is an item for which the country must be paid.

3.

debit item

（

借方项目）

is an item for which the country must pay.

we

add

up

all

the

items

for

exports

and

imports

of

goods

and

services,we

get

the

goods

and

services

balance

.

net value of flows of goods, services, income, and unilateral transfers is the

current account balance.

net value of flows of financial assets and similar claims(including official international reserve asset flows )

is the private

financial account balance

.

7.

Official

international

reserve

assets

are

money

–

like

assets

that

are

held

by

governments

and

that

are

recognized by governments as fully acceptable for payments between them.

country's current account balance must equal

net foreign investment.

overall balance

should indicate whether a country's balance of payments has achieved an overall pattern

that is sustainable over time.

official

settlements

balance

measures

the

sum

of

the

current

account

balance

plus

the

(nonofficial)

financial account balance.

menting

the

balance

of

payments

accounts(which

record

flows

of

transactions)

is

a

balance

sheet

called

the international investment position

,a statement of stocks of a nation's international assets and foreign

liabilities at a point in time ,usually the end of a year.

12

.

foreign exchange

:the act of trading different nations' moneys.

13

.exchange rate

:

the price of one

nation’s

money in terms of another

nation’s

money.

14

.spot exchange rate

:the price for

15.

forward exchange rate

:the price set now for an exchange that will take place something in future.

16

.

Arbitrage

:the

process

of

buying

and

selling

to

make

a

(nearly)

riskless

pure

profit

ensures

that

rates

in

different

locations

are

essentially

the

same

,and

that

rates,and

cross-rates

are

relates

and

consistent

among

themselves.

17

.triangular arbitrage

:an opportunity to make a riskless profit by arbitraging through the three rate

—

a process

called triangular arbitrage .

18

.exchange- rate

risk

:

if

the

value

of

the

person’s

income,wealth,or

net

worth

changes

when

exchange

rates

change unpredictably in the future.

19

.

Hedging

:a position exposed to rate risk,here exchange-rating risk

the act of reducing a eliminating a net asset or a net liability position in the foreign currency

20

.