资本交易

By means of sorting out and analyzing contrastively legislative precedents of different countries in the world, we know that the civil law system is adapt to the legal capital system, which is limited about the contribution by shareholders, such as labor services and credit; the Anglo-American law system is more flexible, there are some principles ,such as real value, goodwill, pierce the veil on the company, to protect the creditor; Moreover, the objects of the contribution by shareholders in our country are analyzed in details compassing currency contribution and non-currency contribution (tangible assets and intangible assets) contribution.

1通过对比世界各国立法，可以看到：大陆法系国家大多奉行法定资本制，对劳务、信用等出资形式严格限制，英美法系国家则一般对出资内容的规定较灵活，但又辅之以真实价值、善意、揭开公司面纱等原则，用以保障债权人交易安全；(2)股东出资之标的物从总体上可以分为两大类：货币出资和非货币出资(包括有形财产出资和无形财产出资)。

Manpower capital property right is had exclusiveness, dissoluble sex and can trade the attribute such as the gender.

人力资本产权具有排他性、可分解性和可交易性等属性。

According to constraint-induced financial innovation theory, evadable financial innovation theory, the transaction cost innovation theory, and based on commercial banks" basic concepts and theory of intermediary operation"s development, in a comprehensive comparison between domestic and foreign commercial banks, this paper applies the econometric method of panel data to analyze 4 macroscopical indicators impacting on intermediary operation such as gross domestic product, per capita disposable income, total direct financing business and the average deposit and loan spreads, and the econometric method of time sequence to analyze 3 microcosmic indicators such as the rate of nonperforming loans, the rate of cash and assets, core capital adequacy ratio.

本文根据约束诱导型金融创新理论、规避型金融创新理论、交易成本创新理论等理论，以商业银行中间业务的基本概念和中间业务发展的理论依据为出发点，在全面比较国内外商业银行中间业务发展的基础之上，运用时间序列和面板数据分析方法，选择了国内生产总值、城乡居民人均可支配收入、企业直接融资总额和平均存贷款利差四个宏观经济变量以及不良贷款率、现金资产率和核心资本充足率三个微观经济变量，对影响我国国有商业银行中间业务发展的因素进行实证分析。

Other variables, such as extroversive index, capitalization index, transaction cost, etc.

除此之外，当模型中加进资本化指数、行业外向度以及交易费用等变量时，模型的解释效果更加显著。

Its runs in comprehensive and specialized areas, having plenty of experience in litigation, arbitration, negotiation, consultation and program planning in area of corporate management, corporate merge, IPO, corporate restructure, direct investment, capital market, bankrupt liquidation, laborhood management, commercial business, international trade, intellectual property right, product quality, international transportation, real property, construction, finance, insurance, securities, imports and exports, etc.

达维以&人才提供服务、服务创造价值&为企业理念，业务范围涉及广泛且具有极强的专业性，尤其在公司管理、公司购并、公司改制、公司重组、直接投资、资本市场、破产清算、劳动管理、商事交易、国际贸易、知识产权、产品质量、国际运输以及房地产、建筑、金融、保险、证券、进出口等行业方面的诉讼、仲裁、谈判、顾问、项目策划拥有丰富的业务经验。

Trading in margined foreign exchange involves a high degree of risk including the risk of loss of the Customer's entire Risk Capital deposited with SNC .

外汇保证金交易牵涉到高度的风险，包括客户损失所有交存在SNC 的资本的风险，某些损失有可能会扩展到客户帐户价值上。

Fewer firms would be covered by margining and capital requirements, and fewer derivatives would be cleared by a central counterparty or traded on exchanges.

因为对利差和资本方面的要求，该提案所涉及的对象少了不少，而最终能够由中央结算对手清算或在交易所交易的金融衍生品则更少。

The shorter duration and greater optionality require insurers to undertake more short-term trading and hedging of market risks, or to hold greater capital to address periodic investment underperformance.21 This shift in balance sheet and risk profile is particularly relevant to the current debate surrounding financial accounting and reporting standards.

期限的缩短和增大选择性都要求保险商们对各种市场风险进行更短期的交易和投资活动，或者拥有更多的资本，去解决周期性发生的投资状况不良问题。资产债务表和风险形象方面的转变，与当前围绕着财务会计和报表制度所进行的辩论有着特别的关联。

The margin transaction system of U.S., Japan and Taiwan represents respectively market model, specialization model and osculant model.

虽然证券信用交易具有刺激投资者积极投资、活跃证券市场、并最终促进货币市场和资本市场的协调发展等重要作用。

LTCM's balance sheet assets were leverage thirtyfold to $125 billion, then tenfold more by off-balance sheet transactions for a total valuation of around $1 trillion - or too big to fail.

长期资本管理公司的资产负债表的资产杠杆thirtyfold到1250亿美元，那么10倍，更由小康资产负债表外交易，总估价约1万亿美元-过大或失败。

Do you know, i need you to come back

你知道吗，我需要你回来

Yang yinshu、Wang xiangsheng、Li decang,The first discovery of haemaphysalis conicinna.

1〕 杨银书，王祥生，李德昌。安徽省首次发现嗜群血蜱。