英語詞匯 中文釋義 詳細注解
adjustable rate convertible 浮動利率可轉換債券 以高于到其價值的價格發(fā)行的一種債務憑證。該債券可以與等同于其初始價值的普通股相交換。
adjustable rate convertible securities 可調整利率可轉換證券 1泛指具有浮動利率性質的可轉換證券。
2沒有轉換溢價（conversion premium）, 這種債券推出的目的是以股利替代利息，而希望該股利支付可以視為費用而產(chǎn)生節(jié)稅效果。
Adjustable Rate Mortgage (ARM) 可調整利率抵押貸款 1.一種定期調整借貸利率的抵押貸款。這類貸款的利率每隔一段期間會依據(jù)某個基準利率（如過庫券利率或抵押貸款平均利率）來調整，調整期間則固定，如每一年、每二年、每三年調整一次，當預期市場利率長期走低時，借款人較偏好這種計息方式。
2.ARM. A mortgage with an interest rate that may change, usually in response to changes in the Treasury Bill rate or the prime rate. The purpose of the interest rate adjustment is primarily to bring the interest rate on the mortgage in line with market rates. The mortgage holder is protected by a maximum interest rate (called a ceiling), which might be reset annually. ARMs usually start with better rates than fixed rate mortgages, in order to compensate the borrower for the additional risk that future interest rate fluctuations will create.
adjustable rate preferred stock 浮動股利優(yōu)先股 1.這種浮動股利的優(yōu)先股會根據(jù)參考利率（如美國短期國庫券利率）的變化，對股利進行調整。這種優(yōu)先股常采取上限的規(guī)定來限制股利的調整范圍。
2.Preferred stock whose dividend changes, usually quarterly, according to changes in the Treasury Bill rate or a similar benchmark. The changes in the dividend are determined by a pre-set formula. Like floating rate debt, adjustable rate preferred stock tends to have stable prices, since the dividend amount can be can changed to offset price changes.
Adjusted balance method 調整余額法 依據(jù)還款后的賬戶余額作為計算財務費用基準的方法。
Adjusted basis 調整基礎 1.以針對特定事項發(fā)生的影響而調整的資產(chǎn)取得價格，該價格也時計算投資損益的基準。例如股票投資人因股利發(fā)放、股票股利、股票分割等事項，若對股票持有人有利，則可降低取得成本，以作為稅負計算的準據(jù)。
2.The base price of an asset or security that reflects any deductions taken on or improvements to the asset or security, used to compute the gain or loss when sold.
adjusted bonds 改組債券 重整債券 通常在公司改組時，發(fā)行這種債券以減輕公司的利息負擔，挽救公司，防止破產(chǎn)。在得到債權人同意的前提下，以較低的利率發(fā)行改組公司債券，換回以前發(fā)行的利率較高的債券。這種債券只有在公司獲得足夠利潤時才支付利息。
adjusted book value 可調整的賬面價值 The book value on a company‘s balance sheet after assets and liabilities are adjusted to market value. also called modified book value.
Adjusted debit balance (ADB) 調整借方余額 1.投資人融券賣券所產(chǎn)生的賬上利得，及其他賬戶余額的凈額。經(jīng)紀商根據(jù)ADB的金額，計算投資人可以取回的現(xiàn)金金額。
2.Value used to determine a margin account‘s position, as required by Regulation T. This is the amount a customer owes a broker, minus profits on short sales and balances in a special miscellaneous account. If the adjusted debit balance is very small, the customer can withdraw cash or securities from a margin account.
Adjusted exercise price 調整執(zhí)行價格 以美國政府全國抵押協(xié)會（）證券為履約標的的選擇權合約，其履約價格依據(jù)GNMA的抵押貸款利率調整。例如若標準的GNMA抵押貸款證券利率為6％，選擇權標的GNMA證券的利率若為10％，則選擇權的履約價格必須調整，使得兩種GNMA證券提供的收益率相同。
adjusted forecast 調整預測 對不準確的（微觀或宏觀的）預測進行的調整。
adjusted futures price 調整期貨價值 The cash-price equivalent reflected in the price of a futures contract
adjusted gross income 調整毛收入 1.納稅人的稅前收入扣除膳食費支付、對退休金賬戶支付等項目之后的余額。
2.AGI. The amount used in the calculation of an individual‘s income tax liability; one‘s income after certain adjustments are made, but before standardized and itemized deductions and personal exemptions are made.
adjusted strike price 調整后的執(zhí)行價格 調整股票期權的執(zhí)行價是為了反映作為期權基礎資產(chǎn)的股票在資本結構上的變動，例如拆股。
adjusting entry 調整記錄 A bookkeeping entry made at the end of an accounting period to assign income and expenses to a different period. These entries are made under the accrual accounting systems in order to correctly reflect the timings of income and expenditure. Some adjusting entries include accounts receivable, accounts payable, depreciation and amortization.
Adjustment bond 調整債券 陷入財務危機的公司重整債務時，為收回流通在外的債券所新發(fā)行的債券。
adjustment credit 調整性信貸 會員銀行為暫時調整其準備金而向聯(lián)邦儲備銀行所借的短期貸款（通常只是幾天）。借款的原因一般是意外的貸款需求增加，突然的存款損失，或者在金融市場上獲取資金遇到暫時的困難。
adjustment date 可調整日期 The date on which the interest rate changes on an adjustable rate mortgage.
Adjustment in conversion terms 調整轉換條件 可轉換證券因故調整轉換的股票數(shù)量。例如發(fā)行公司股票以2：1分割，可轉換證券的轉換價格應調整為之前的一半，使其轉換證券的數(shù)量增加一倍，以維持對公司股份的所有權比率不變。
adjustment of exchange rate 匯率調整 一國政府采取各種手段改變本國貨幣與其他貨幣比率的做法。它有行政手段和經(jīng)濟手段之分。行政手段，如用法令的形式規(guī)定貨幣的貶值和升值，對不同的交易對象、不同性質的交易，規(guī)定不同匯率，以達到協(xié)調和干預外匯市場的目的。經(jīng)濟手段，如建立外匯平準基金，看準時機買進或賣出外匯，調整國際收支差額等。
adjustable rate convertible 浮動利率可轉換債券 以高于到其價值的價格發(fā)行的一種債務憑證。該債券可以與等同于其初始價值的普通股相交換。
adjustable rate convertible securities 可調整利率可轉換證券 1泛指具有浮動利率性質的可轉換證券。
2沒有轉換溢價（conversion premium）, 這種債券推出的目的是以股利替代利息，而希望該股利支付可以視為費用而產(chǎn)生節(jié)稅效果。
Adjustable Rate Mortgage (ARM) 可調整利率抵押貸款 1.一種定期調整借貸利率的抵押貸款。這類貸款的利率每隔一段期間會依據(jù)某個基準利率（如過庫券利率或抵押貸款平均利率）來調整，調整期間則固定，如每一年、每二年、每三年調整一次，當預期市場利率長期走低時，借款人較偏好這種計息方式。
2.ARM. A mortgage with an interest rate that may change, usually in response to changes in the Treasury Bill rate or the prime rate. The purpose of the interest rate adjustment is primarily to bring the interest rate on the mortgage in line with market rates. The mortgage holder is protected by a maximum interest rate (called a ceiling), which might be reset annually. ARMs usually start with better rates than fixed rate mortgages, in order to compensate the borrower for the additional risk that future interest rate fluctuations will create.
adjustable rate preferred stock 浮動股利優(yōu)先股 1.這種浮動股利的優(yōu)先股會根據(jù)參考利率（如美國短期國庫券利率）的變化，對股利進行調整。這種優(yōu)先股常采取上限的規(guī)定來限制股利的調整范圍。
2.Preferred stock whose dividend changes, usually quarterly, according to changes in the Treasury Bill rate or a similar benchmark. The changes in the dividend are determined by a pre-set formula. Like floating rate debt, adjustable rate preferred stock tends to have stable prices, since the dividend amount can be can changed to offset price changes.
Adjusted balance method 調整余額法 依據(jù)還款后的賬戶余額作為計算財務費用基準的方法。
Adjusted basis 調整基礎 1.以針對特定事項發(fā)生的影響而調整的資產(chǎn)取得價格，該價格也時計算投資損益的基準。例如股票投資人因股利發(fā)放、股票股利、股票分割等事項，若對股票持有人有利，則可降低取得成本，以作為稅負計算的準據(jù)。
2.The base price of an asset or security that reflects any deductions taken on or improvements to the asset or security, used to compute the gain or loss when sold.
adjusted bonds 改組債券 重整債券 通常在公司改組時，發(fā)行這種債券以減輕公司的利息負擔，挽救公司，防止破產(chǎn)。在得到債權人同意的前提下，以較低的利率發(fā)行改組公司債券，換回以前發(fā)行的利率較高的債券。這種債券只有在公司獲得足夠利潤時才支付利息。
adjusted book value 可調整的賬面價值 The book value on a company‘s balance sheet after assets and liabilities are adjusted to market value. also called modified book value.
Adjusted debit balance (ADB) 調整借方余額 1.投資人融券賣券所產(chǎn)生的賬上利得，及其他賬戶余額的凈額。經(jīng)紀商根據(jù)ADB的金額，計算投資人可以取回的現(xiàn)金金額。
2.Value used to determine a margin account‘s position, as required by Regulation T. This is the amount a customer owes a broker, minus profits on short sales and balances in a special miscellaneous account. If the adjusted debit balance is very small, the customer can withdraw cash or securities from a margin account.
Adjusted exercise price 調整執(zhí)行價格 以美國政府全國抵押協(xié)會（）證券為履約標的的選擇權合約，其履約價格依據(jù)GNMA的抵押貸款利率調整。例如若標準的GNMA抵押貸款證券利率為6％，選擇權標的GNMA證券的利率若為10％，則選擇權的履約價格必須調整，使得兩種GNMA證券提供的收益率相同。
adjusted forecast 調整預測 對不準確的（微觀或宏觀的）預測進行的調整。
adjusted futures price 調整期貨價值 The cash-price equivalent reflected in the price of a futures contract
adjusted gross income 調整毛收入 1.納稅人的稅前收入扣除膳食費支付、對退休金賬戶支付等項目之后的余額。
2.AGI. The amount used in the calculation of an individual‘s income tax liability; one‘s income after certain adjustments are made, but before standardized and itemized deductions and personal exemptions are made.
adjusted strike price 調整后的執(zhí)行價格 調整股票期權的執(zhí)行價是為了反映作為期權基礎資產(chǎn)的股票在資本結構上的變動，例如拆股。
adjusting entry 調整記錄 A bookkeeping entry made at the end of an accounting period to assign income and expenses to a different period. These entries are made under the accrual accounting systems in order to correctly reflect the timings of income and expenditure. Some adjusting entries include accounts receivable, accounts payable, depreciation and amortization.
Adjustment bond 調整債券 陷入財務危機的公司重整債務時，為收回流通在外的債券所新發(fā)行的債券。
adjustment credit 調整性信貸 會員銀行為暫時調整其準備金而向聯(lián)邦儲備銀行所借的短期貸款（通常只是幾天）。借款的原因一般是意外的貸款需求增加，突然的存款損失，或者在金融市場上獲取資金遇到暫時的困難。
adjustment date 可調整日期 The date on which the interest rate changes on an adjustable rate mortgage.
Adjustment in conversion terms 調整轉換條件 可轉換證券因故調整轉換的股票數(shù)量。例如發(fā)行公司股票以2：1分割，可轉換證券的轉換價格應調整為之前的一半，使其轉換證券的數(shù)量增加一倍，以維持對公司股份的所有權比率不變。
adjustment of exchange rate 匯率調整 一國政府采取各種手段改變本國貨幣與其他貨幣比率的做法。它有行政手段和經(jīng)濟手段之分。行政手段，如用法令的形式規(guī)定貨幣的貶值和升值，對不同的交易對象、不同性質的交易，規(guī)定不同匯率，以達到協(xié)調和干預外匯市場的目的。經(jīng)濟手段，如建立外匯平準基金，看準時機買進或賣出外匯，調整國際收支差額等。