流动性

In any case, below we study the interaction of Maturity with all of our liquidity and credit proxies.

在任何情况下，下面我们研究与我们的流动性和信贷代理全部到期的互动。

There are many liquidity proxies in liquidity studies.

当前存在大量的流动性代理。

Refering to the pricing of MBO, this thesis takes for that it's inconsequential to make net assets value per share as sole standard of pricing, and the standard of valuing must be traced back to free cash flow, and Free Cash Flow Valuation must be set up for pricing. And this thesis has brought EVA theory into MBO pricing to quantitating former contribution of management. Moreover, this thesis analyses controlling premium and marketability discount, and considers that we must develop the mechanism of market to improve the level of investors protection.

在对定价问题的探讨中，本文认为以每股净资产作为唯一定价标准不合理，衡量价值的标准应追溯到自由现金流量，应建立自由现金流量模型对管理层收购进行科学定价；本文还引入了EVA的理论量化管理层的历史贡献，以修正自由现金流量模型；同时本文认为定价时还要考虑控制权溢价和流动性折价，并且适当引入竞争，发挥市场机制，提高投资者保护水平。

The membrane lipid fluidity of infected cells appeared obviously low-There were significant differences statistically(p.05-0.01)(2)By cytohisto-chemical stain-ing and microspectrophotometer quantitating,before cultured 72 hours,ACP and SDH in infectedcells raised.

动态观察1、6、24、72h培养后的淋巴细胞、单核细胞、中性粒细胞，发现感染后细胞膜脂的流动性明显降低，并随培养时间的延长而明显，和正常对照组比较有显著性差异（P＜0.05～0.01）。

In reappointing Mr. Bernanke, the White House may be either expecting or hoping that his tendency to provide massive liquidity and easy money will continue through next year's political season, but there's no guarantee of that.

通过提名贝南克连任美联储主席，白宫或认为或希望贝南克倾向于提供大规模流动性和宽松贷款的做法能持续到明年的政治季，不过这也很难保证。

There is a lesson to be learned from Japan's response to financial crisis, Japanese experts say."When a bubble bursts and the financial system gets destabilized, providing liquidity is not enough to overcome a crisis," Yutaka Yamaguchi, who served as deputy governor at the Bank of Japan during part of the financial crisis here, told one newspaper."Unless financial institutions get recapitalized by raising funds in the markets or receiving public funds, the financial crisis will not end. That's the lesson should learn from Japan's financial crisis." Yamaguchi says the U.S. financial model has effectively gone bankrupt. We are witnessing a "turning point," he adds—just as in the 1930s

日本从金融危机中吸取了教训，日本专家说，&当泡沫破灭金融系统动荡不安，倘若流动性不足以克服危机& Yutaka Yamaguchi曾在日本经济危机时期任日本银行副总裁，对记者说&除非通过市场积累资金和吸纳公众资金令金融体系获取资本，否则金融危机不会结束，这是美国应该从日本金融危机中学到的教训& Yamaguchi认为美国金融模式实质上已经破产，我们在见证&转折点&，他补充道，就像三十年代那样。

In contrast, South Korea, China, Japan and the 10-country Association of Southeast Asian Nations have merely recommitted themselves to an $80 billion emergency fund to help those facing liquidity problems - to be established by next June - even while their stock markets tumble and export markets dry up.

与此相对的是，南韩，中国，日本和东南亚10国协会仅仅准备在明年六月筹集800亿美元作为救急资金来帮助这些面临的流动性问题，虽然他们的股票市场狂跌他们的出口市场疲软。

The US Fed will effectively provide whatever liquidity the agencies need to help in their debt refunding.

对那些在资金流动性上出现问题的机构，美联储将积极伸出援手，帮助它们度过债务危机。

He sees China reining in its lending policies to help drain the massive liquidity in the Chinese market.

他看到了中国正在收紧信贷政策以将中国市场中巨大的流动性挤干。

The banking regulatory bureau of the place where a trust and investment company is located shall prudently examine and approve the company's application for changing its business scope and reissuing a new financial license in strict accordance with the New Measures and the relevant provisions of this Notice, in light of the trust and investment company's overall operation status, system construction and arrangement of professionals and on the basis of such elements as the clearing effects of the industrial investment under the inherent items, the business adjustment and the liquidity arrangement for assembled fund trust plans, which continues to exist, etc.

十二、所在地银监局要严格按照《新办法》和本通知有关规定，根据信托投资公司整体经营状况、制度建设和专业人员配备情况，结合公司固有项下实业投资清理效果、业务调整和存续集合资金信托计划的流动性安排等要素，审慎核准其变更业务范围和换发新的金融许可证的申请。

The split between the two groups can hardly be papered over.

这两个团体间的分歧难以掩饰。

This approach not only encourages a greater number of responses, but minimizes the likelihood of stale groupthink.

这种做法不仅鼓励了更多的反应，而且减少跟风的可能性。