单词 | speculator |
释义 | speculator An individual or firm taking independent risks for the sake of expected profits. Speculators may be willing to do this because they believe they have better information and ability to forecast future prices than other market participants, or because they are risk-neutral, or less risk-averse than other market participants, who are willing to pay to transfer risks to somebody else. Speculators are often attacked as causing economic instability. Their defenders argue that speculators provide liquidity for other people's assets, that on average their activities smooth price fluctuations rather than increasing them, and that without speculators many innovations could not have been financed. |
随便看 |
|
英汉经管词典收录了3426条经济管理类英汉双解词条,基本涵盖了经济学、管理学、金融学、会计学、证券期货、商务活动等领域的常用英语单词及短语词组的翻译及用法,是学习及工作的有利工具。