【正文】 o Optech would be deductible or not based on how Mr. Sollberger had spent the money he received from Optech. (FORBES/AUG 31, 2012/)FRN的利息在總收入中是可以被包括在內(nèi)的，并且Optech的利息可以不扣除或者根據(jù)Sollberger先生如何花掉他從Optech收到的錢。Floating rate notes (FRNs) are bonds that have a variable coupon, equal to a money market reference rate, like LIBOR or federal funds rate, plus a quoted spread (also known as quoted margin).53. Face ValueThe issue price of the bonds will be yuan and they will have a face value of 100 yuan（China Daily/ June , 12, 2010/ 12/），面值為100元The principal amount of a bond which is stated on its face and which the issuer is obligated to pay at the date of maturity.54. FixedmaturityThese factors make fixed maturity securities and ideal choice for insurance panies, which typically invest 5070% of their total invested assets in fixed maturity securities.(FORBES/ Sep 21, 2011/ )這些因素使得固定期限證券成為保險(xiǎn)公司的理想選擇，而保險(xiǎn)公司通常將其總投資資產(chǎn)的5070％投資于固定期限證券。The term fixed maturity is applicable to any form of financial instrument under which the loan is due to be repaid on a fixed date. This includes fixed interest and variable rate loans or debt instruments, whatever they are called, and other forms of security such as redeemable preference shares, provided their terms of issue specify a date. It is similar in meaning to redemption date.55. Followonoffering后續(xù)發(fā)行Tesla this morning said it plans a followon stock offering of million shares, all to be sold by the pany. (FORBES/ MAY 25, 2011 / )特斯拉今天早上表示計(jì)劃發(fā)行530萬股后續(xù)股票，全部由公司出售。A followon offering (FPO) is an issuance of stock shares following a pany39。s initial public offering (IPO). There are two types of followon offerings, diluted and nondiluted. A diluted followon offering results in the pany issuing new shares which cause the lowering a pany39。s earnings per share (EPS). During a nondiluted followon offering, shares ing into the market already existed and the EPS remains unchanged. Companies offering additional shares must register the FPO offering and provide a prospectus to regulators.56. Floatation發(fā)行證券；掛牌上市Both Hoberman and Lane Fox have vigorously denied suggestions they will take the money and run post floatation. (BBC/March 2, 2000/ )霍伯曼和萊恩?？怂苟紡?qiáng)烈否認(rèn)他們會(huì)在掛牌上市后“套現(xiàn)和逃跑”的說法。financing a mercial enterprise by bond or stock shares57. Firstmortgage第一抵押權(quán)Thus it also set up the first mortgage lending program in the country. (FORBES/ APR 16, 2001/ )因此它也在該國(guó)設(shè)立了第一個(gè)抵押貸款計(jì)劃。A first mortgage is the primary lien on the property that secures the mortgage. A first mortgage is the primary loan that pays for the property and it has priority over all other liens or claims on a property in the event of default.58.FlattradesThe current proposal would go further than the prior rule by eliminating zero plus tick short sales, which is when the stocktradesflatafter a prior uptick.(FORBES/MAR 25, 2009/ )目前的方案將比先前的規(guī)則更進(jìn)一步，通過取消“零加”剔空盤銷售，剃空盤銷售就是指即在事先上漲之后股票持平。Securitiesthat either do not normallytradewith accruedinterest (such aspreferred stock), or which normally do trade as such but, for one reason or another, are currentlytradingwithoutaccrued interest(such asbondsindefault).59. Fair valueIn addition to fair value, Lynch looked for other indications that a stock would perform well.(FORBES/JUL 6, 2012 / )除公允價(jià)值外，林奇還尋找其他跡象表明股票表現(xiàn)良好。In accounting and economics, fair value is a rational and unbiased estimate of the potential market price of a good, service, or asset or modity.60. Flotation costs [bonds]This method is simple and feasible, flotation cost is low（）這個(gè)方法簡(jiǎn)單可行，發(fā)行成本低。Flotation costs are incurred by a publicly traded pany when it issues new securities, and includes expenses such as underwriting fees, legal fees and registration fees. Companies must consider the impact these fees will have on how much capital they can raise from a new issue.61. Government bondPreviously, the lower 30year . government bond rates were used to calculate lumpsum pension values. (FORBES/December 8, 2009/ )以前，較低的30年美國(guó)國(guó)債利率是用來計(jì)算養(yǎng)老金的總價(jià)值的。A government bond or 39。sovereign bond39。 is a bond issued by a national government, generally with a promise to pay periodic interest payments and to repay the face value on the maturity date.62. Government debt However, the report warned that developed economies still needed to watch levels of government debt. (BBC/ April 12, 2011/ )然而，據(jù)報(bào)告警示，發(fā)達(dá)國(guó)家仍需要注意政府債務(wù)的杠桿率。Government debt (also known as public debt and national debt) is the debt owed by a central government.63. Guaranteed bondMainly a firmer mitment to pay its debts, probably through some form of mutually guaranteed bond, and much tighter coordination of budgetary and broader economic policy.(Wall Street Journal/ September 23,2011/ )主要是更加堅(jiān)定地承諾償還債務(wù)，具體辦法可能是設(shè)立某種形式的共同擔(dān)保債券；然后在財(cái)政政策和總體經(jīng)濟(jì)政策方面大大加強(qiáng)合作。A guaranteed bond is a debt security that offers a secondary guarantee that interest and principal payments will be made by a third party, should the issuer default due to reasons such as insolvency or bankruptcy.64. Growth fundThe emerginggrowth fund is among the topperforming equity funds of 2003, returning 24% since January.（Forbes/June 62003/）新興的增長(zhǎng)型基金是2003年表現(xiàn)最好的股權(quán)基金之一，從一月份以來，回報(bào)率達(dá)到24%。A growth fund is a diversified portfolio of stocks that has capital appreciation as its primary goal, with little or no dividend payouts. The portfolio mainly consists of panies with aboveaverage growth that reinvest their earnings into expansion, acquisitions and/or research and development. 65. Hurdle rateThe adviser must achieve a 7% annualized hurdle rate (% quarterly) before earning any incentive fees.(Forbes /December 6,2012/ )這個(gè)顧問在收取任何的獎(jiǎng)勵(lì)費(fèi)之前，必須達(dá)到每年7%的最低資本回收率（%）。Hurdle rate may refer to a minimum acceptable rate of return on a project or a level of return that a hedge fund must exceed before i