| 单词 | capital market |
| 释义 | capital market The stock exchange and other institutions where security are bought and sold. The securities concerned include both shares in companies and various forms of private and public debt. The capital market allows firms, governments, and countries to finance spending in excess of their current incomes. It also enables individuals, firms, and countries to lend to others savings they cannot employ as profitably themselves. Some transactions in capital markets involve the sale of newly issued shares and debt instruments, but the vast majority occur in secondary market, where existing shares and debt instruments change ownership. Many less developed countries (LDCs) and former planned economies find the lack of an efficiently organized capital market a serious obstacle to the efficient use of their savings, and thus to their overall economic development. |
| 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。