备考注册会计师综合阶段英语ACCA词典可编辑.docx

1、备考注册会计师综合阶段英语 ACCA词典可编辑备考注册会计师综合阶段英语 ACCA词典 Finance?Dictionary xujinchihotmail A Account A collection of investments, either taxable or tax-deferred. Account can be real contains investments actually owned or model hypothetical. Account type can be brokerage, mutual fund, or other a mutual fund can

2、be an account if the fund is purchased directly from fund company or it can be an investment within an account, if purchased through a broker. Legally, accounts are set up as taxable or tax deferredThe legal owner of an account can be an individual, joint , corporate, custodian, estate, or trust. Se

3、e Real Taxable Accounts, Joint Accounts, and Real Tax-Deferred AccountsAccount Description Information that includes Account Type, Tax-deferred, Tax Method, and Account Note. These items are primarily used to classify accounts for tax purposesAccount Note Descriptive text about an account that you c

4、an enter for your information, such as for College.Account Type When placing an order through this site, you must be sure to select the proper Account Type for the position you wish to trade. If a particular position resides in your cash account, for example, this site will automatically reject a se

5、ll order that specifies your margin account, and vice versaAccrual Method Accounting method where income and expenses are recorded when items are booked or billed. Contrast with a more common method, cash method, where income and expenses are logged from the time cash is actually spent or receivedAc

6、crued Interest Interest earned but not yet paid. For most taxpayers, tax is due in year accrued interest is paid. When buying a bond, buyer pays seller any interest accrued since the last payment date. When the buyer eventually sells the bond, the new buyer pays any accrued interest. The accrued int

7、erest is subject to taxes for the seller, but reduces the tax liability for the buyer. For example, if a bond buyer paid $30 accrued interest to a seller, then received $150 interest for the rest of the year, the buyer needs to pay taxes on $150 - $30 $120ADR/ADS Stands for American Depository Recei

8、pts or Shares. These financial instruments allow stock in a foreign corporation to be traded on a U.S. stock exchange in U.S. currency by representing the actual shares from the native exchangeAdvances/Declines Advances are the number of issues on the New York Stock Exchange that have risen in price

9、 since the previous trading days closing price. Declines represent those that have fallen in price. Sometimes the advances and declines are expressed as a ratio and plotted as a line graph. A rising A/D line indicates that the market has good breadth a majority of issues are rising in price and that

10、 a rising trend is more likely to be sustainableFinance?Dictionary xujinchihotmail After Tax Real Rate of Return The percentage gain on an investment, account, or portfolio after taxes and inflation have been deductedNote that the after tax real rate of return for money market mutual funds is freque

11、ntly less than zero, so you should use these accounts only as temporary cash accountsAll or None Order In brokerage, order instruction, particularly for large orders, to execute the total quantity or noneAmerican-Style Option American-style is an option contract that can be exercised at any time bet

12、ween the date of purchase and the expiration date. Most exchange-traded options are American-style. All stock options are American-styleAnnual Report Written report to shareholders summarizing the past fiscal years financial results and news items of importance about products, law suits, board membe

13、rs, etc. Prospective shareholders should also review the annual report because it provides important balance sheet informationAnnualized Return Projects the year to date return over a full 12 month calendar year. Most useful for projecting return for money market funds, CDs, and bonds. Annualized re

14、turn for equities can be misleading if YTD return is high and covers a short period of time. See Total ReturnAnnuity An insurance product that pays an income benefit on a specific date, for a specific time, or for the lifetime of the persons receiving the annuity the annuitant. A fixed annuity guara

15、ntees fixed payments with a constant rate of return. A variable annuitys value fluctuates with that of the assets that are backing itThere is no guaranteed rate of return for a variable annuity; the annuitant bears the investment risk and receives the return actually earned on invested assets less c

16、harges assessed by the insurance companyArbitrageA financial transaction where an arbitrageur arb simultaneously purchases in one market and sells in another where there is a slight price differential. Often it is a full hedge, and therefore, a risk-free transaction. Arbs play an important role in keeping markets liquid and efficientAssigned on an Option Tra