商务英语名词解释.doc

Acceptance承兑 P119
An acceptance credit call for drafts to be drawn at a tenor for acceptance by the issuing bank or ant exchange ：转移支付；提供信贷；异地支付；提供外汇风险防范。
arbitrage套汇 P139
buy at the lower price and sells at the higher price;
Is the use of discrepancies in currency exchange rates to transform one unit of a currency into more than one unit of the same ，同时买进和卖出有关货币的现汇和期汇，以赚取汇率或利率上的差价收益的交易。
option期权 P144
the right to buy or sell property at an agreed price; the right is purchased and if it is not exercised by a stated date the money is forfeited在外汇交易中，以契约形式规定的在某一特定日期或在未来某一日期，按规定的价格买（看涨期权）或卖（看跌期权）特定数量的基础票据权利。
future期货
A currency future,also FX future or foreign exchange a futures contract to exchange one currency for another at specified date in the future at a price(exchange rate 买卖双方约定于未来某一特定日期，以约定价格买卖的约定数量的商品。
foreign exchange汇率,外汇
price by one currency for other currency;
means the system utilized in financing international 。
oligopoly寡占；寡头垄断 P233
the industry composed of a limited number of large 。An industry in which four firms control 80 percent of a domestic %，那该行业就是寡头。
tax break减税，所得税宽减额
a tax deduction that is granted in order to encourage a particular type of commercial activity
franchise licensing特许经营
direc