篇一：财务管理专业英语小结
A asyaccounting mmetric informatioate of return信息会计收益率不对称accounts payablezhoome税后净经营收益应receivable付账款应After-tax 收账款
after-tax operating accounts
cost of debt B benefit/cost ratio税后债务成本
营风险bird-in-the-hand 收益比率theorybusiness risk一鸟在手理经论情况balance sheets
best-case scenario cost of preferred 资产负债表
最好情形stock base case基本
优先股成本
C cost in net of fixed assets固定资本成本changes 的变化operating workingcapital budgetment净经营性营运资本资本预算 current 现金流量表assets 流动资产cash flow statementcertainty equivalentcoefficient 约定当量法of variationcurrent 变异系数ratiocannibalization流动比率 crossover rate 交叉率
D discounted cash 内耗flow techniqueclientele effect折现现金客户效应 流量法股利政策div
discounted payback period(股利无关论idend policy) （ depreciationirrelevance theory）
折线投资回收期折旧
debt/assets D/A (D/E资产负债率) debt/equity E economic v（产权比率）alue addeddeclation date（EVA）经济增加值宣告日 earnings before interest and taxes息税前利润（EBIT）employee stock ownership planexecutive committee（员工持股计执行委员会划）externalitiesearning per share Eps
F financial risk外部性财务风险ex dividend date（每股收益）
financial leverage除息日
财务杠杆statementfree cash
告fixed-assets 财务报表flow自由现金流financial
固定资产financial production report财务报and
distribution度G flotation cost生产与分销发行成本 fiscal year财政年H hurdle ratedate门槛利率holder of record I IRRinternal 股利登记日rate of return(内含报酬率) investment incremental policy投资政策inventor
intangible assets cash 无flow形资增产 量independent 现金存货流 projectinformation sy独立项目income
L long-term capitalmmetry长期投资信息对称statement
lbo leverage 利润表
buyoutM modified internal rate 杠杆收购
内含报酬率market value addedof return（MV修正后的A）市场增加值mutually exclusive projectmandatory investment
N net present value现金净流量互斥项目强制性投资
noncash charges project非现金（付现）费用new expansion
project无盈利项目新扩张项目 net noevenue-producing operating working capitalO 净经营性营运资本
leverageopportunity 经营杠杆costoptimal dividend policy机会成 本operating 最优股利政策P profitability index
ratio收益成本率 payback period获利指数profit/cost 投资回收期Q quick ratio pos-audit事后审计payment date 支付日R revestment rate 速动比率
assumption再投资收益率假risk-adjusted discounted rate设relevant cash flow相关现金流量
率residual dividend model剩余股利模型风险调整折现replacement invested project更新项目return on return on equity capital ROIC （投资资本收益率）Roestock（权益报酬率）
capacity普保留借款能力通股回购repurchasing common
reserve borrowing
S sunk cost性分析沉没成本sensitivity analysis敏感strategic business plansignal信号safety margin经营战略计划安全边际sale representativesalvage value 析standard deviation残值销售代理scenarios analystock option期权
标准差signaling sis场景分
theory对称信号理论symmetric information信息stock splitSurplus （dividenddividend ）（modelrepurchase剩余股利模型）股票分割（股利）（回购T terminal target capital
cash structureflow终目标资本结构结现金流times-interest-earned target payout ratioratio已获利息倍数 U unlevered beta bu目标支付率无杠杆B值 W scenarioworking capital营运资产 worst-case capital加权平均成本最坏情形 weighted average cost of Y yields to maturity到期收益率
1、interest rates in the economy rise,the cost of 、the level of interest rates.If debt increase because firms will have to pay bondholders more to obtain debt capital.tax rate 2relative 、to Lowering the capital gain tax rate the rate on ordinary income makes reduces the cost of equity.(2)factors that the stocks move attractive,and that firm can control:1、capital structure policyA firm can change its capital structure and such dividend a change can policyaffect Firm issue its cost of new capital.common 2、stock their can affect retained only after the earning .The they have cost of capital dividend invested all of because police it affects investment the level cost of capital,we policy of use as When retained the starting we earnings.3estimate point the 、the outstanding required rates of return on the rates reflect stock the riskiness and bonds.Those firms of the firms cost existing assets.2、flow purchase of out ,accountants fixed assets as a deduction do not show from the accounting depreciation income,the life of the expense instead assets.(2)noncash each year ,they throughout deduct a chargesDeprecia(本文来自：wwW.xIAocAofaNwEn.com 小 草范 文 网:选财务管理专业的理由英文)tion when must be added to net flow.(3)changes estimating in net a operating project's income working cash capital(4)interest expenses are in project cash flows. not included the firm's business its business risk.(2)sales price variability:Firms whose products are sold in highly volatile markets are exposed to more business risk.(3)input cost variability:Firms whose exposed input costs are risk.(4)ability to a to high highly uncertain are adjust degree output of prices business for changes the products lower in risk.(5)ability input costs:The greater ability in a timely,cost-effective to develop new manner:The risk.(6)foreign faster operates in a politically unstable area,risk exposure:If ability,the a greater it may firm be leverage:If subject fixed,the firm is exposed to a relatively high a to high political percentage risks.(7)operating of costs are degree of business risk. 4、dividend.(2)holder-of-record a statement declaring company lists the stockholders as an owner date:If the a on this date,then the stockholder receive the dividend.(3)ex-dividend which the right to the current dividend no date:The date on longer date:The date on which a firm actually mail accompanies a stock.(4)payment dividend checks. 1.Kp=Dp 税后债/ 务成本Pp 普=kd(1-T) 通股成 优先本Ks=D股成1 本/ P0(1-F)+WACC=Wd*Kd(1-T)+g 终值 F发行费用率 KdWpKp+（before-tax WcKs costP0of debtof common equity) ） Kp(cost of preferred stock) Ks(cost 2.存货周转率=收入 / 存货 收入sales 存货income / equity inventeny 权益收益率（ROE）=net 翻译。M&A并购即净收益 P/E / ratio所有者权益市盈率 Du Point 杜邦
篇二：财务管理专业英语(吐血整理)
Topic1：
1、Financial management is an integrated decision-making process concerned with acquiring, financing, and managing assets to accomplish some overall goal within a business entity.
财务管理是为了实现一个公司总体目标而进行的涉及到获取、融资和资产管理的综合决策过程。
2、Making financial decisions is an integral part of all forms and sizes of business organizations from small privately-hold forms to large publicly-traded corporations.
做财务决策对于所有形式和规模的商业组织，无论是小型私人公司还是大型公开上市公司，都是不可分割的一部分。
3、In today’s rapidly changing environment, the financial manager must have the flexibility to adapt to external factors such as economic uncertainty, global competition, technological change, volatility of interest and exchange rates, changes in laws and regulations, and ethical concerns.
在当今瞬息万变的环境中，财务经理必须具备足够的灵活性以适应外部因素，如经济的不确定性、国际竞争、技术变革、利息波动、汇率变动、法律法规变化以及商业道德问题。
4、The process of planning and managing a firm's long-term investments is called capital budgeting
规划和管理一个公司的长期投资的过程是资本预算。
5、Net working capital defined as current assets minus current liabilities 净营运资本定义为流动资产减去流动负债。
6、Money begets(or breeds or gets) money
钱产生钱（或品种或获取）。
7、The financial manager also acts as a liaison between others in the finance department and management personnel from other departments
财务经理也要在财务部和管理部门的人员之间扮演联络人角色。
8、By issuing common stock，the firm dilutes the control of current owners but does not have to repay the funds obtained from the stock sale
通过发行普通股，公司稀释了现有股东的控制权，但不需要偿还出售股票获得的资金。
9、 Although considerable debate exists over the precise model for
estimating risk and return ，few contest the notion of a risk-return tradeoff
尽管估计风险和回报的精确模型存在着相当大的争议，但很少人反对风险收益权衡这一概念。
10、chief executive officer：总裁、首席执行官(简称C.E.O.)
11、stock offering：股票发行
Topic2：
1、 GM's senior managers rebuffed the shareholders
通用汽车公司的高级管理人员拒绝了股东。
2、Agency problems involving the separation of ownership and management and mechanisms for aligning the interests of owners and managers
代理问题涉及所有权和经营权的分离及所有者与管理者利益的结合机制。
3、The drawbacks are that it is non-transferable ，has a limited life and a limited pool of funds ，and the proprietor has unlimited liability
缺点是，它是不可转让的，期限有限，资金有限，而且业主承担无限责任。
4、This means that the corporation can own assets， enter into contracts ，sue and be sued
这意味着公司可以拥有自己的资产，签订合同，起诉与被起诉。
5、These provide most of incorporation's benefits but do not relieve the participants of professional malpractice（失职）
这些给公司提供大部分的利益但不减轻会员的专业事故。
6、 profit maximization focuses on accounting profits，lack a time dimension and ignores risk
利润最大化的重点是会计利润，缺乏时间维度，忽视风险。
7、Some dissertation exists on whether the criterion should be the maximization of market value of the stockholders or that of the firm 一些论文讨论应是以股东还是公司的市场价值最大化为标准。
8、This single-valued objective serves as a prerequisite for rational behavior within an organization
这种单一价值目标作为组织内合理行为的先决条件。
9、The corporate objective function assumes that managers operate in the best interests of stockholders，not themselves，and not attempt to
expropriate wealth from lender to benefit stockholders
企业的目标函数假定管理者为了股东的最佳利益工作，而不是自己的，而且不会征用债务人的财富来使股东受益。
10、 Agency problems are said to result from the divergence in interest 代理问题来源于利益的差异化。
11、 managers may squander（浪费） corporate funds on excessively lavish corporate offices and jets
管理者会浪费企业资金，用于奢华的公司办公室和设备。
12、corporation whose shares are held by a few individuals are called closely held corporation
公司股份由少数人持有，这样的公司称为控股公司。
13、A few possibilities include maximizing revenues（总收入） ，profits ，earning per share（每股收益），returns，market share，or social good 可能包括收入的最大化，利润，每股收益，回报，市场份额，或社会福利。
14、 sole proprietorship：个人独资企业
篇三：财务管理专业英语
【论文】任选一个案例进行相关财务分析，要求如下： 1.字数不得少于500字，建议500~800之间； 2.Arial, 12号，1.5倍行距
案例一：ShenzhenLaibaoHi-TechCo.,Ltd. （002106） 深圳莱宝高科技股份有限公司财务比率分析 （股票代码：002106）
近四年的财务报表数据（2008年—2011年）
案例二：东阿阿胶财务比率分析 企业相关财务报表
（1）06—08年度资产负债表
（2）06-08年度利润表
（3）06-08年度现金流量表