风险

These risks run through the whole process of the project financing; therefore a successful financing depends on the reasonable apport...

本文根据电力项目发展的时间顺序将浙江省电力项目融资风险划分为三个阶段：项目建设开发阶段风险、项目试生产阶段风险和项目生产经营阶段风险，对每个阶段可能存在的主要风险及其产生原因作了深入的分析，提出了相应具体的风险防范措施，并利用浙江兰溪发电厂工程的项目融资个案，说明如何通过风险分析，用各种类型的法律契约和合同将与项目有关的各个方面的利益结合起来进行有效地风险防范。

In accordance with the character of integrating risk factor of alliance company,the integrating risk factor of alliance company includes partner choice risk,cultural conflict risk,benefit division risk,management risk and credit risk.

本文依据结盟企业整合风险因素的性质，将结盟企业整合风险因素指标分为伙伴选择风险、文化冲突风险、利益分配风险、管理风险及信用风险等5大类。

We obtain the risk process involved in this model,the statistical properties of the surplus process,and statistical features of the claim numbers and the probability distribution of the total amount of compensation.The three types of business of the risk model is given when the number of claims obey Poisson distribution and negative binomial distribution.We make a comparison between the risk model built in the thesis and the classic risk models with independent claim numbers when the amount of claims obey Weillbull distribution and Exponential distribution.The results have a good practical significance.

其次，考虑不同险种间的相互关系，建立了一种含有主副理赔的风险分析模型；借助随机过程和经典风险理论，对该风险模型所涉及的风险过程、盈余过程的统计特性以及理赔总额的概率分布、数字特征和矩母函数进行解析研究，给出了主理赔次数服从泊松分布和负二项分布的这种风险模型的具体实例，并在理赔额变量服从Weillbul分布和Exponential分布的情况下，把文中所建风险模型和理赔次数相互独立的风险模型作了比较，所得结果有很好的现实意义。

Through the method of experts'investigation, to analyze the risk on this project and choose out the headstream of the risk 2. Through the method of classification, to disassemble this project 3. Through the method of simulation, to estimate the risk of investment 4. To provide the scheme to avoid and manage the risk All of these efforts made us realizing the features of this project and mastering the rule of risk. So we can complete the project within 1000 days, and create the miracle in the field of the construction on track traffic, with the features of the limited manager, the short term, the low cost, the high technology, the high quality and the perfect safety. It has been the successful nonesuch on the research of risk management art.

首先，采用专家调查法，对项目进行了系统的风险辨识，筛选了项目面临的风险源；第二，采用分级分类的办法对项目进行逐级分解；第三，采用模拟相结合的方法进行了投资风险估计；第四，提出回避风险方案和风险处置方案，从而使工程的建设者们全面的了解了项目的建设特点，把握了风险规律，把风险控制在合理的范围内，使工程能在1000天内顺利竣工通车，并以管理人员少、工期短、造价低、技术难度高、质量优良、安全无事故等特点，创造了中国乃至世界轨道轨道交通建设的奇迹，成为风险管理管理技术研究的又一成功典范。

It is based on the development of risk in China and foreign and the construction project"s characteristic. Then, by means of system analysis, the paper discusses the elements of a construction project. It is from construction project risk"s source, main body, effect for purpose, the reason, generant modality, and so on.

对工程项目风险因素从工程项目风险的来源、工程项目风险的直接行为主体、工程项目风险对目标的影响、按管理的过程和要素、风险发生的原因、工程项目风险发生的形态、工程项目风险性质的不同角度对工程项目风险进行分析。

During the researchperiod, the researcher collects a great number of literatures and research data. On theadvanced bases, the paper summary the achievement of previous development innatural disaster risk research both in domestic and abroad for references. Starting fromearth systemic and scientific thought, the paper makes analysis on the maincharacteristics of natural disaster risk system and probes into the theories and methodsof natural disaster risk assessment. The paper apply Remote Sensing and GIStechniques to take apart the dynamic assessment ways and modes of natural disasterrisk in diverse scales cities, in order to provide scientific basis for urban disaster riskdecreasing and risk decision-making management.

在国家自然科学基金项目&中国沿海城市自然灾害风险评估体系研究&和重点项目&沿海城市自然灾害风险应急预案情景分析&的资助下，调查分析了中国沿海典型城市自然灾害发育特征及其风险管理，获得了大量的文献资料与数据基础上，借鉴国内外自然灾害风险研究进展的成果，从地球系统科学思想出发，分析了典型城市自然灾害风险系统主要特征，探讨城市自然灾害风险评估方法与理论，并应用遥感和GIS技术，剖析城市不同尺度下的自然灾害风险动态评估途径和范式，为城市综合减灾降险和风险管理决策提供科学依据。

Depend the consumption by credit, risk and consume the theoretical cognition in risk of consumption by credit with make use of, point out the consumption by credit's risk is objective existent of, the scheme exterminates the risk, getting around the risk, is not realistic, only have to know the risk progressively, control risk, will consume to lend money the risk as low as lowest degree, then can realize the target of the management of the commercial bank.

通过对消费信贷、风险以及消费信贷风险理论的认识和运用，指出消费信贷风险是客观存在的，企图消灭风险，回避风险，是不现实的，只有积极地认识风险、控制风险，将消费贷款风险降低到最低程度，才能实现商业银行的经营目标。

First, the source of venture capital is single; second, the scale of venture capital is too small; third, institutions and enterprises of venture capital are not perfect; fourth, there is no benefit-balance mechanism between the institution and enterprises; fifth, the channels of seceding for venture capital are not kind.

通过研究，发现我国风险投资运行中主要存在以下问题：风险资本规模太小，来源单一，风险投资机构不成熟，风险企业不完善，在风险资本提供者、风险投资机构和风险企业之间还没有形成合理的利益平衡机制，风险资本退出渠道不畅。

The following factors, among others, could cause actual results and future events to differ materially from those set forth or contemplated in the forward-looking statements: defaults on or non-renewal of leases by tenants or renewal at lower-than-expected rent or failure to lease at all or on favorable terms, decreases in real estate values and impairment losses, increased interest rates and operating costs or greater-than-expected capital expenditures, our failure to obtain, renew or extend necessary financing, re-financing risks, risks related to our obligations in the event of certain defaults under co-investment ventures and other debt, risks related to debt and equity security financings, difficulties in identifying properties to acquire and in effecting acquisitions, our failure to successfully integrate acquired properties and operations, our failure to divest properties we have contracted to sell or to timely reinvest proceeds from any divestitures, our failure to contribute properties to our co-investment ventures, risks and uncertainties affecting property development, value-added conversions, redevelopment and construction (including construction delays, cost overruns, our inability to obtain necessary permits and public opposition to these activities), our failure to qualify and maintain our status as a real estate investment trust, risks related to our tax structuring, failure to maintain our current credit agency ratings or to comply with our debt covenants, environmental uncertainties, risks related to natural disasters, financial market fluctuations, changes in general economic conditions, global trade or in the real estate sector, inflation risks, changes in real estate and zoning laws, a continued or prolonged downturn in the U.S., California or global economy, risks related to doing business internationally and global expansion, risks of opening offices globally, risks of changing personnel and roles, losses in excess of our insurance coverage, unknown liabilities acquired in connection with acquired properties or otherwise and increases in real property tax rates.

以下因素可能会导致实际结果和未来事件与前瞻性陈述产生重大出入：承租人拖欠租金或者不续租；利率以及经营成本的提高；我们未能获得必要的外部融资；再融资的风险；与合资项目和其它债务发生特定违约时我方承担的义务有关的风险；与债务和股权融资有关的风险；确定拟收购的物业以及完成收购过程中遇到的困难；我们未能成功整合收购的物业和业务；我们未能剥离已经签约出售的物业或未能及时将剥离带来的收益再投资；影响物业开发和建设的风险和不确定性（包括建设延期、费用超支、我们无法获得项目建设所需的必要批准以及公众对项目开发建设的反对等）；我们无法获得或者维持作为房地产投资信托公司的资质；与我们的税收策划有关的风险；无法保持我们目前的信用评级；环保方面的不确定性；与自然灾害有关的风险；金融市场的波动；整体经济状况或者房地产业的变化；房地产和城市规划法律的调整；美国、加利福尼亚州或者全球经济的衰退；与开展国际业务和全球扩张有关的风险；保险范围之外的损失；与被收购的物业有关的或者其它未知责任以及房地产税率的提高等。我们的成功还依赖于总体经济走向，包括利率、所得税法、政府监管、立法、人口总数变化以及我们在10-K表中作的截至2009年12月31日的季度报告中&风险因素&和其它标题项下阐述的其它问题。

In the last few years, although the forfeiting develops quickly in the commercial banks of China, the commercial banks faces all kinds of the legal risks, because of the lack of the experience on the forfeiting and the comprehensive understanding on the elementary knowledge of Forfaiting, especially because of the imperfect rule on the law of Forfaiting.

在商业银行需要面对和处理的各种风险之中，法律风险是最严重的风险之一，因为无论是福费廷业务经营中的信用风险、市场风险、利率风险，还是国家风险，都在不同程度上与法律风险息息相关，甚至可能最终转化为法律风险，给银行带来巨大损失。

I am accused of being overreligious," she said in her quiet, frank manner,"but that does not prevent me thinking the children very cruel who obstinately commit such suicide.""

客人们在卡罗利娜·埃凯家里，举止就文雅一些，因为卡罗利娜的母亲治家很严厉。

Designed by French fashion house Herm è s, this elegant uniform was manufactured in our home, Hong Kong, and was the first without a hat.

由著名品牌 Herm è s 设计，这件高贵的制服是香港本土制造，是我们第一套不配帽子的制服。