基本介紹
編輯推薦,內容簡介,前言,目錄,
編輯推薦
內容涵蓋銀行、證券、保險、期貨與期權、外匯交易和金融函電等金融主要業務內容；旁註結合章節附注以方便讀者閱讀，多種練習題題型引導讀者自主學習；利用連結及其二維碼擴展讀者的閱讀範圍、增強閱讀的趣味性，涉及網站、新聞、文章、案例和視頻等。
正文內容、拓展閱讀、網路資源導讀儘可能展示最新的金融創新、行業動態、行業大事件及理論研究成果，以使讀者熟悉金融行業現狀並了解其發展趨勢。
提供課件、部分正文譯文、習題答案和模擬試卷等配套教學/學習資料，索取方式參見“配套資料索取說明”。
內容簡介
全書正文共五部分，分為十三章。第一章至第三章為第一部分，主要闡述貨幣、貨幣制度、政治與經濟；第四章至第六章為第二部分，主要闡述中國中央銀行、商業銀行業務及銀行和金融機構監管的知識；第七章至第九章為第三部分，主要闡述證券、外匯交易、期貨和期權等證券投資及風險管理的知識；第十章至第十一章為第四部分，主要闡述保險基本原理、主要保險業務；第十二章至第十三章為第五部分，主要闡述金融函電的基本特點與寫作、金融函電的主要套用實例。本書附錄為分類的專業辭彙表。
為便於教學和學習，我們準備了配套的教學課件、部分正文譯文、習題參考答案、模擬試卷等輔助教學/學習資料，索取方式參見“配套資料索取說明”。
本書為本科院校金融專業英語課程教材，因本書主體內容和金融學（貨幣銀行學）課程內容相同，故而也可作為金融學課程雙語授課教材。
前言
隨著金融全球化的深化與發展，既精通現代金融知識，又能運用英語從事金融業務的複合型人才成為中國金融業的主要人才。1994年中國人民銀行建立了全國金融英語證書考試(FECT)制度，許多高等院校也紛紛開設了金融專業英語相關課程，旨在培養能夠適應中國金融業迅速發展需要的人才。我們編寫本書，希望不僅能讓讀者掌握金融專業的基本英語辭彙、術語和原理，增強專業文獻閱讀能力，還能提高讀者在英語環境下的專業操作能力和職業素養。
本書為本科教學需要編寫，內容涵蓋了金融業務的主要方面，教材內容分為五個部分：貨幣與經濟（Money and Economics）；中國銀行業（Banking Industry in China）；金融工具與外匯交易（Financial Instruments and Foreign Exchange）；保險（Insurance）；金融函電（Financial Letters）。每一部分又分為若干章，共有十三章內容，包括了貨幣、金融市場、政治與經濟、中央銀行、商業銀行業務、銀行和金融機構監管、證券、外匯交易、期貨與期權、保險、主要保險業務、金融函電和金融函電的主要套用實例等。
本書每章章首列明了該章的學習目的及主要關鍵點，使學生對本章內容學習有了初步的框架了解；正文部分採用由淺入深的方式引出主題、介紹相關基本知識，為了幫助讀者閱讀理解課文，我們採取旁註和章節附注（正文尾部）集合的方式註解課文難點，旁註註解關鍵字匯或疑難辭彙，章節附注註解關鍵短語或段落；正文之後，形式多樣的練習題測試讀者對本章專業知識的掌握與理解；擴展閱讀材料均為選自國內外金融期刊的金融前沿知識信息，有助於拓寬讀者的知識面；在全書的結尾部分，分別針對五大部分內容列示了與其相關的常用專業英文辭彙，便於讀者分類查找與學習。為了幫助讀者理解每一章的正文內容並拓展相關專業知識，我們通過“網路資源導讀”，結合二維碼連結了許多課外讀物材料；為了便於教學，本教材還提供相關的教學課件、正文譯文、課後習題參考答案等輔助教學材料。
與其他同類書籍比較，本書具有以下的特點。
第一，系統性。本書採用基礎知識基本原理闡述、業務實務操練和前沿知識拓展閱讀等方式，展示了銀行、證券、保險、期貨與期權、外匯交易和金融函電等金融主要業務內容的英文表述。
第二，實用性。根據當代大學本科教學的特點，本書採用淺顯易懂的英文及慣用行業詞語，力爭得到中等英文水平學生的喜歡，成為學生看得懂、易讀易練、易於理解的實用書籍。
第三，針對性。突出“以學生為中心”的思想，強調學以致用，採用兩種注釋結合加多種練習的方式，引導學生自主學習、學有所獲。
第四，前瞻性。本書蒐集了許多最新的反映金融創新、行業動態、行業大事件及理論研究成果的資料作為擴展閱讀與連結材料，使讀者洞悉金融行業的前沿與發展趨勢。
本書由劉鐵敏組織遼寧石油化工大學經濟管理學院具有豐富教學經驗和行業經驗、曾在國外深造的老師編寫，其中張茜編寫第一、第二、第三章，王艷華編寫第四、第五、第六章，劉鐵敏編寫第七、第八、第十二、第十三章，李秋編寫第九、第十、第十一章。本書主要針對當代在校大學生編寫，既可作為金融專業的專業外語教材，也可作為經濟管理類專業的專業課雙語參考書，還可作為金融行業工作者及愛好者的工具書或自學參考書。
本書在編寫和出版過程中得到了人民郵電出版社的大力協助，學校及學院領導的大力支持，以及前輩和同行們的關懷和熱情幫助，作者在此一併致以衷心感謝。本書在編寫過程中參閱了許多相關書籍與材料，我們以書後所附參考文獻的形式列出，並表示衷心感謝。由於金融業務內容豐富、金融體系龐大複雜，相應的英文表述更是豐富多彩，雖然我們傾注了大量的時間與精力編寫本書，但作者水平有限，書中不盡如人意之處在所難免，懇請讀者批評指正。
目錄
Part One Money and Economics
Chapter 1 Money 2
Learning Objectives 2
Key Topics 2
Section 1.1 What is Money? 2
1.1.1 History of money 2
1.1.2 Meaning of Money 4
Section 1.2 Functions of Money 5
1.2.1 Medium of Exchange 5
1.2.2 Unit of Account 6
1.2.3 Store of Value 7
1.2.4 Standard of Deferred Payment 8
Section 1.3 Evolution of the Payment System 8
1.3.1 The forms of money 8
1.3.2 Are we moving to a cashless society? 13
Section 1.4 Measuring Money 14
1.4.1 Theoretical and Empirical Definition of Money 15
1.4.2 The federal reserve’s monetary aggregates 15
1.4.3 Money supply 16
Section 1.5 Money Policy 18
Notes 20
Exercises 21
Additional Readings 23
Chapter 2 Financial Markets 26
Learning Objectives 26
Key Topics 26
Section 2.1 What is Financial Market? 26
2.1.1 Definition of financial market 26
2.1.2 Constituents of financial market 27
Section 2.2 Functions of Financial Markets 28
2.2.1 Intermediary Functions 28
2.2.2 Financial Functions 29
Section 2.3 Currency (Money) markets 29
2.3.1 Participants 30
2.3.2 Functions of the money market 31
2.3.3 Common money market instruments 32
Section 2.4 Capital markets 33
2.4.1 Deeply view to capital market 33
2.4.2 Examples of capital market transactions 34
2.4.3 Raising Capitals 36
Section 2.5 Derivative products market 38
2.5.1 Future Contracts 39
2.5.2 Forward Contracts 40
2.5.3 Optional contracts 41
Notes 42
Exercises 43
Additional Readings 45
Chapter 3 Polities and Economics 47
Learning Objectives 47
Key Topics 47
Section 3.1 Macroeconomics & Polities 47
3.1.1 Games between policy makers and voters 48
3.1.2 Games between Policy Makers 50
Section 3.2 An General Perspective on the Political Economy of “Big Change” 51
3.2.1 The Social-Political Context and Co-Evolution 52
3.2.2 Embeddedness 52
3.2.3 The Dilemma of Knowledge as a Product and a Resource 53
3.2.4 The Global perspective on the evolution 53
3.2.5 Evolutionary Social-Economic “intricacy” 54
3.2.6 The Initiation of Self Re-Enforcing Growth 55
Section 3.3 Explosive Change of evolution and Communitarian Collective Ownership 55
3.3.1 The Fall - Variety Constraining Order 56
3.3.2 Self Organization and Economics 56
3.3.3 Communitarian[12] Collective Ownership and Strategic Networks 57
Notes 60
Exercises 61
Additional Readings 63
Part Two Banking Industry in China
Chapter 4 Central Bank—PBC 66
Learning Objectives 66
Key Topics 66
Section 4.1 The Reform of PBC 66
4.1.1 Definition of ‘Central Bank’ 67
4.1.2 Transformation of the PBC 67
4.1.3 Reform the Current Financial Structure 68
Section 4.2 The Functions of PBC 70
4.2.1 The Reason for Transformation 70
4.2.2 The Biggest Change of the Functions of the PBC 71
4.2.3 The Functions of PBC 73
Section 4.3 The Instruments of Central Banking 76
4.3.1 Open Market Operation 76
4.3.2 Reserve Requirements 79
4.3.3 Rediscount 81
Notes 82
Exercises 82
Additional Readings 85
Chapter 5 Commercial Banks 88
Learning Objectives 88
Key Topics 88
Section 5.1 Introduction 88
Section 5.2 What a Bank Is? 90
5.2.1 The Role of the Banking Sector in China 91
5.2.2 Vigorous Development of the Banking Sector 92
5.2.3 Increased Openness of the Banking Sector 93
Section 5.3 Intermediary Services 94
5.3.1 Settlement-Payments and Funds Transfer 94
5.3.2 Plastic Money 95
5.3.3 International Settlement 96
Section 5.4 Loans 96
5.4.1 Definition and Categories of Loans 96
5.4.2 The Credit Process 98
5.4.3 Post-Disbursement Management 100
Section 5.5 Banking on the Internet 102
5.5.1 Backgrounds 102
5.5.2 On-Line Banking Products 103
5.5.3 The Future Prospects of On-Line Banking 103
Notes 105
Exercises 106
Additional Readings 108
Chapter 6 Supervision of Banking and Financial Institutions 110
Learning Objectives 110
Key Topics 110
Section 6.1 Importance and Objectives of Banking Supervision 110
6.1.1 The Role of Banks and Importance of Banking Supervision 110
6.1.2 Objectives of Banking Supervision 111
6.1.3 Preconditions for Effective Banking Supervision 112
Section 6.2 Licensing Process 113
6.2.1 Phases of the Process 113
6.2.2 Factors Evaluated by the Chartering Authorities 114
6.2.3 Basel Committee’s Requirements on Bank Licensing 114
Section 6.3 Arrangements for Ongoing Banking Supervision 115
6.3.1 Risks in Banking 115
6.3.2 Key Prudential Issues 117
6.3.3 Off-site Surveillance 122
6.3.4 On-site Examinations 123
Section 6.4 Dealing with Weak Banks 124
6.4.1 Symptoms and Cause of Bank Problems 124
6.4.2 Principles for Dealing with Weak Banks 124
6.4.3 Corrective Actions 125
6.4.4 Resolution Issues and Exit 125
6.4.5 Closure of the Bank: Depositor pay off 126
Notes 127
Exercises 128
Additional Readings 131
Part Three Financial Instruments and Foreign Exchange
Chapter 7 Securities 134
Learning Objectives 134
Key Topics 134
Section 7.1 Stock 134
7.1.1 History 135
7.1.2 Shares 136
7.1.3 Types of stock 136
7.1.4 Rule 144 stock 137
7.1.5 Shareholder 137
7.1.6 Stock derivatives 138
7.1.7 Share price determination 139
7.1.8 Stock price fluctuations 140
Section 7.2 Bond 140
7.2.1 Issuance 141
7.2.2 Main Features of Bond 142
7.2.3 The kinds of Bond 143
7.2.4 Bond market 145
7.2.5 Bond market participants 146
Section 7.3 Fund 146
7.3.1 What is fund? 146
7.3.2 Fund Constitution 147
7.3.3 Unit or share class 148
7.3.4 Investment aims 149
7.3.5 Types of risk 149
7.3.6 Kinds of Fund 150
Notes 154
Exercises 155
Additional Readings 157
Chapter 8 Foreign Exchange 161
Learning Objectives 161
Key Topics 161
Section 8.1 Foreign Exchange Rate 161
8.1.1 Quotations 162
8.1.2 Bilateral vs. effective exchange rate 163
8.1.3 Exchange rate regime 164
8.1.4 Fluctuations in exchange rates 164
Section 8.2 Foreign Exchange Market 165
8.2.1 Market participants 166
8.2.2 Characteristics 169
8.2.3 Determinants of exchange rates 169
8.2.4 Forex signals 170
Section 8.3 Foreign Exchange Operation 171
8.3.1 Spot or Foreign exchange spot 171
8.3.2 Forward 171
8.3.3 Swap 172
8.3.4 Future or Currency future 173
8.3.5 Option or Foreign exchange option 175
Section 8.4 Foreign Exchange Exposure 176
8.4.1 Types of exposure 177
8.4.2 Measurement at risk 178
8.4.3 Management at risk 179
Notes 180
Exercises 181
Additional Readings 182
Chapter 9 Futures & Options 187
Learning Objectives 187
Key Topics 187
Section 9.1 Futures trading 187
9.1.1 What is Futures ? 187
9.1.2 Margins 189
9.1.3 Settlement-physical versus cash-settled futures 190
9.1.4 Futures traders 191
Section 9.2 Futures exchange 192
9.2.1 History of futures exchanges 192
9.2.2 Clearing and settlement 193
9.2.3 Central counterparty 193
9.2.4 Mark-to-Market 194
Section 9.3 Options 194
9.3.1 Contract specifications 195
9.3.2 Types 195
9.3.3 Option styles 197
9.3.4 Trading 197
Notes 198
Exercises 199
Additional Readings 200
Part Four Insurance
Chapter 10 To Understand Insurance 204
Learning Objectives 204
Key Topics 204
Section 10.1 What Is Insurance 204
10.1.1 Modern insurance 205
10.1.2 Societal effects 206
Section 10.2 Insurance policy 206
10.2.1 General features 207
10.2.2 Parts of an insurance contract 208
10.2.3 Industry standard forms 209
Section 10.3 Most Important Principles of Insurance 209
Section 10.4 Insurance Market 212
10.4.1 Insurance Companies 212
10.4.2 Reinsurance Companies 213
10.4.3 Insurance Intermediaries 214
Section 10.5 Insurance Business 214
10.5.1 Product Development 214
10.5.2 Distribution Channels 216
10.5.3 Underwriting 216
10.5.4 Loss Settlement 217
10.5.5 Reserve 219
10.5.6 Investment 220
Notes 220
Exercise 222
Additional Readings 223
Chapter 11 Types of Insurance 227
Learning Objectives 227
Key Topics 227
Section 11.1 Personal Insurance 227
11.1.1 What is Life Insurance? 227
11.1.2 Health Insurance 229
11.1.3 Accident Insurance 230
Section 11.2 Property Insurance 231
11.2.1 History 232
11.2.2 Types of Coverage 232
11.2.3 Specific types 233
11.2.4 US Property Insurance Claims 234
Section 11.3 Liability insurance 235
11.3.1 What is liability insurance? 235
11.3.2 Types of liability insurance 236
11.3.3 Insurable risks 237
Section 11.4 Reinsurance 238
11.4.1 Definition 238
11.4.2 Methods of reinsuring 238
11.4.3 Forms of reinsurance 239
Notes 241
Exercises 241
Additional Readings 243
Part Five Financial Letters
Chapter 12 The Introduction of Financial Letters 246
Learning Objectives 246
Key Topics 246
Section 12.1 What is Financial Letter？ 246
Section 12.2 Basic Principles of Financial Letter 249
Section 12.3 The Format of Financial Letter 250
12.3.1 Standard Parts 250
12.3.2 Optional Parts 253
12.3.3 Letter Style 256
12.3.4 Envelope Addressing 259
Notes 261
Exercises 262
Additional Readings 264
Chapter 13 The Types of Financial Letters 269
Learning Objectives 269
Key Topics 269
Section 13.1 Letters concerning bank relationship 269
Section 13.2 Letters Concerning Bank Accounts and Bank Accounting 272
Section13.3 Letters concerning Remittance 273
Section 13.4 Letters concerning Documentary Collection 276
Section 13.5 Letters concerning Letter of Credit 279
Section 13.6 Other Financial Letters 282
Notes 285
Exercises 285
Additional Readings 287
Special Terms 293
主要參考文獻 304
配套資料索取說明 305
