查询词典 liquidity

With regard to the control of liquidity risk, the article proceeds with three mechanisms of control of liquidity risk that are reserve demand, deposit insurance and eventual accommodator.

然后，在分析资产负债结构的基础上，从资产和负债合理匹配的角度出发，在商业银行盈利性最武汉理工大学硕士论文大的目标下，从资产结构调整和负债结构调整两个方面给出了防范流动性风险的措施。

Since the first open-end fund issue, there are 5th redemption, which also reveals more profound form of market phenomena causing open-end fund liquidity risk. In 2002, the open-end fund market was just established, in order to expand the size, many funds only attract institutional investors, and do not distinguish between investor by their liquidity preference. Under such single structure, institutional investors large size redemption will cause fund scale reduced significantly, which suffered huge losses. In 2003, as the Funds growth, more and more retail investors join in fund market and occupy a dominant position. Due to the lack of awareness of the fund market, they all use the concept of stock investment.

自开放式基金成立以来，中国历史上的5次赎回也更深刻的揭示了构成开放式基金流动性风险的市场现象。2002年为开放式基金成立初期，很多基金为了吸纳资本，扩大规模，只面向机构投资者融资，并且不区分投资者的流动性偏好，在这种单一的结构下，机构投资者的大额赎回就导致基金规模的锐减，从而遭受巨大损失。2003年，随着基金的发展，越来越多的散户介入其中并占据主导地位，由于缺乏对基金市场的认识，按照原有投资股票的理念投资基金，所以在低迷的股市稍有起色，基金稍有赢利时，就开始赎回，造成了多只基金净值的损失。2005年，保险行业可以直接入市，再加之逐渐回升的行情和基金公司高额的手续费，很多保险公司开始赎回持有的基金转而直接入市。

When illiquidity is used as the measure of liquidity, there is no liquidity premium in Chinese stock market.

此结论说明流动性因子的选择对流动性溢价有明显的影响。

The reasons impacting liquidity sufficiency arise from global liquidity sufficiency as well as domestic structural illogicality.

影响流动性过剩的原因也非常多，既有世界性的流动性过剩的影响，也有我们自身的结构性矛盾的影响。

Returns from these investments, bank savings, the lowest investment income, only 2%-3%, but its risk minimization, and the best liquidity; bond investment income of about 3%— 5 percent, its risk, realized a long time; the real estate rental investment income of about 5%-8%, with less risk, but poor liquidity; investing in stocks or buy new real estate investment, their investment income about 10% or more, but they risk the most, there are too many uncertainties.

这些投资的回报，银行存款，投资收入最低，只有2％-3 ％，但其风险最小化，最好的流动资金；债券投资收益的约3％- 5点，风险，实现很长一段时间；房地产投资租金收入约5％-8 ％，且风险较小，但穷人的流动资金投资于股票或购买新的房地产投资，其投资收益约10 ％或更多，但他们最危险，有太多的不确定因素。

While foreign scholars have made advances on the study of ownership structure and liquidity relationship, domestic academicians almost all tend to neglect to take market liquidity -the key intermediate variable affecting both ownership structure and performance - into serious account.

这一领域的研究工作的自然假定是证券市场有效并且是充分流动的。

The purpose of the model is to denote that the inverse U-shape relation is efficient to rebalance market and recover market liquidity in spite of having no professional liquidity provider.

根据模型的结论，我们预测在公共信息流冲击有限的条件下，当买卖指令出现极端不均衡时买卖价差最小，即市场失衡与买卖价差之间存在倒U型关系。

By Joachim Fels' reckoning, the global liquidity cycle has already turned. He reaches this conclusion based on his analysis of both the quantity and the price of liquidity (see his 30 May dispatch,"The Turn of the Global Liquidity Cycle").

Joachim Fels在对资金流动性的数量和价格进行分析的基础上，认为全球资金流动的周期性变化已经出现。

Therefore, the construction of the open-end fund liquidity risk management system in our country should base on the actual situation of our financial market and system. Firstly, we should establish the object, the procedure and the risk forecast and alarm system of the open-end fund. Secondly we should focus on the interior asset and fund management of fund management companies as well as the external system and environment reform, which is for the purpose of optimizing the liquidity risk management and prevention measure. And finally the integrated liquidity risk management system including three stages following as pre-estimation, in the matter monitoring and afterwards appraisal is expected to be accomplished.

因此，我国开放式基金流动性风险管理体系的构建应结合金融市场和金融体系的现实条件，从建立开放式基金流动性风险管理的目标、程序和风险预警指标体系入手，在基金管理公司外部的制度、环境配套改革和内部的资产、资金管理两个层面，加强流动性风险的防范措施，优化流动性风险的管理方法，形成事前计量、事中监控和事后评估的全过程、全方位流动性风险综合管理体系。

In which a security's required return depends on its expected liquidity as well as on the covariances of its own return and liquidity with the market return and liquidity.

证券的收益依赖于它的期望流动性及其与收益之间的协方差。

This one mode pays close attention to network credence foundation of the businessman very much.

这一模式非常关注商人的网络信用基础。

Cell morphology of bacterial ghost of Pasteurella multocida was observed by scanning electron microscopy and inactivation ratio was estimated by CFU analysi.

扫描电镜观察多杀性巴氏杆菌细菌幽灵和菌落形成单位评价遗传灭活率。