,单击此处编辑母版标题样式,单击此处编辑母版文本样式,二级,三级,四级,五级,*,*,单击此处编辑母版标题样式,单击此处编辑母版文本样式,二级,三级,四级,五级,*,*,单击此处编辑母版标题样式,单击此处编辑母版文本样式,二级,三级,四级,五级,*,*,单击此处编辑母版标题样式,单击此处编辑母版文本样式,二级,三级,四级,五级,*,*,单击此处编辑母版标题样式,单击此处编辑母版文本样式,二级,三级,四级,五级,*,*,单击此处编辑母版标题样式,单击此处编辑母版文本样式,二级,三级,四级,五级,*,*,单击此处编辑母版标题样式,单击此处编辑母版文本样式,二级,三级,四级,五级,*,*,单击此处编辑母版标题样式,单击此处编辑母版文本样式,二级,三级,四级,五级,*,*,单击此处编辑母版标题样式,单击此处编辑母版文本样式,二级,三级,四级,五级,*,*,单击此处编辑母版标题样式,单击此处编辑母版文本样式,二级,三级,四级,五级,*,*,单击此处编辑母版标题样式,单击此处编辑母版文本样式,二级,三级,四级,五级,*,*,单击此处编辑母版标题样式,单击此处编辑母版文本样式,二级,三级,四级,五级,*,*,单击此处编辑母版标题样式,单击此处编辑母版文本样式,二级,三级,四级,五级,*,*,单击此处编辑母版标题样式,单击此处编辑母版文本样式,二级,三级,四级,五级,*,*,单击此处编辑母版标题样式,单击此处编辑母版文本样式,二级,三级,四级,五级,*,*,Chapter Seven,Capital Markets in the U.S.,Chapter SevenCapital Markets i,1,Learning objectives,After studying this chapter you should be able to:,1.Give your definition of capital market,2.Tell the purposes of capital markets,3.Explain the structure of capital markets,4.Tell briefly all the major trading instruments of capital markets,5.Tell the chief capital market participants in the U.S.,6.Make a comparison between capital markets and money markets in the U.S.,Learning objectivesAfter study,2,Notes,I.New Words,1.exchange,n,.,课文中当“交易所”讲，如：,stock exchange,股票交易所，,commodity exchange,商品交易所,2.secured,a,.,有担保的,=guaranteed,其反义词为,unsecured,3.collateral,n,.,抵押品,/,物（英国人用,collateral security,或,security,表示同样意思）,4.alternative a.,n,.,两者（或两者以上）挑一的,/,选择,5.variable,a,.,可变的，常变的,6.to preserve,vt,.,保护,7.crucial,a,.,决定性的,NotesI.New Words,3,Notes,8.entity,n,.,法人（,=legal entity,）,9.proceeds,n,.,收入，实收款项,10.creditor,n,.,债权人，与,debtor,“债务人”相对,11.to warehouse,vt,.,储存,=to store,，英国人多用,store,来表示同样意思,12.to entitle,vt,.,给权力（或资格）,13.whereas,conj,.,尽管,14.to originate,vi,.,发生,=to happen or occur,Notes8.entity n.法人（=legal,4,Notes,II.Useful and Idiomatic Expressions,1.to satisfy requirements for.,满足的要求,/,需要；达到的要求,2.to raise capital for.,为筹措资金,3.to pay off,付清（债务或工资）,4.to set aside,留出,5.to fall into,可分成,6.to protect against.,保护以免受到的损害,7.to pledge sth.as collateral/security,将用来作抵押,8.over the phone,在电话上,9.by contrast,相比之下,NotesII.Useful and Idiomatic,5,大学金融英语chapter7CapitalMarketsintheUSppt课件,6,大学金融英语chapter7CapitalMarketsintheUSppt课件,7,Main,Text,Definition of capital Market,Purposes of Capital Markets,Structure of Capital Markets,Main TextDefinition of capital,8,Main,Text,Trading Instruments of Capital Markets,1.Bonds,2.Stocks,3.Mortgages,4.Funds,Main TextTrading Instruments o,9,Main,Text,Participants of Capital Markets,1.The Federal and Local Governments,2.Corporations,3.Households,Main TextParticipants of Capit,10,Main Text,Comparison between U.S.Money Markets and Capital Markets,The trading instruments are different,The purposes of them are different,The participants in them are different,Whereas most money market transactions originate over the phone,most capital market transactions,measured by volume,occur in organized exchanges,Main TextComparison between U.,11,1.What is capital market?,2.What are the purposes of capital markets?,3.How is capital market structured?,4.Can you tell all the major trading instruments in the U.S.capital markets?,5.Who are the major participants in the U.S.capital markets?,6.What are the differences between capital markets and money markets?,Questions for Chapter 6,1.What is capital market?Ques,12,This is the end of Chapter 7,Thank you for your attention,This is the end of Chapter 7Th,13,