限期選擇權 的英文怎麼說

中文拼音 [xiànqīxuǎnzháiquán]
限期選擇權 英文
option with time limit
  • 限 : Ⅰ名詞（指定的范圍; 限度） limit; bounds Ⅱ動詞（指定范圍, 不許超過） set a limit; limit; restrict
  • 期 : 期名詞[書面語]1. （一周年） a full year; anniversary 2. （一整月） a full month
  • 選 : Ⅰ動詞1. （挑選） select; choose; pick 2. （選舉） elect Ⅱ名詞（挑選出來編在一起的作品） selections; anthology
  • 擇 : 擇動詞（挑選） select; pick; choose
  • 權 : Ⅰ名詞1 [書面語] （秤錘） counterpoise; weight （of a steelyard）2 （權力） power; authority 3 （...
  • 限期 : 1. （限定日期） within a definite time; set a time limit 2. （限定的日期） time limit; deadline
  • 選擇權 : option agreement
  • 選擇 : select; choose; opt; election; choice; culling; alternative
  1. This dissertation can be divided into three parts as following : focusing on institutional risk control, this dissertation demonstrated the effect of institutional risk on dis " objects by analyzing the relationship between deposit insurance and financial development, financial stability and market discipline, in light of foreign or native primary theory and empirical results of dis. in virtue of statistical method and with the theory of game, this dissertation explored the cause the institutional risk such as moral risk and adverse selection, on the basis of which discussed the approach of controlling institutional risk and proper deposit insurance pattern. because deposit insurance assessment is the core of institutional risk control, this dissertation introduced and discussed deeply the passive casualty - insurance model, the option - pricing model, the game - theory - based pricing model, and reasonable pricing interval, and put forward the hierarchical pricing strategy of dis on the balance of information confiscatory and risk - based - assessment necessity

    本文以存款保險制度風險控制為中心，在借鑒國內外關于存款保險制度的基本理論和實證的基礎上，通過分析存款保險與金融發展、金融穩定和市場懲戒等方面的關系，論證了存款保險制度風險對存款保險制度目標的影響；並藉助統計學的方法，運用信息博弈論的觀點，從主要制度參與者? ?投保機構和存款保險機構? ?的效用函數出發，對存款保險所引發的道德風險和逆向選擇等制度風險的成因進行深入的剖析，探討有效控制制度風險的途徑和制度參數的安排模式；由於存款保險定價是制度風險管理的核心問題，本文還專門對意外存款保險消極模型、存款保險的期權定價模型、基於信息經濟學的存款保險定價模型以及合理定價區間等定價模式進行深入分析和詳細評述，闡述各種定價思路的局限性和可能運用的空間，通過權衡信息的充分性和風險定價的必要性，提出存款保險制度的層次性定價策略。
  2. Concretely, it is creditor ' s right from the angle of request of company ' s performing obligation ; it is expectant right from the realization of right ; it is option from the content of exercising right. simultaneously, eso has the characters of right, profitability, time limit and nonnegotiable. eso system is not an arrange for system of property right but a long term incentive mechanism, because the aim of enterprise executive is not property of enterprise but rich profit by exercising their right, that is the value of eso for senior manager is not to control company but to acquire profit from the price difference

    第一部分分析了股票期權和股票期權制度的含義，指出股票期權的性質從不同角度分析可以認定為債權、期待權、選擇權，具體而言，從需權利人請求公司履行義務的角度它是一種債權，從權利實現的角度它是一種期待權，從權利行使內容的角度它是一種選擇權，同時它具有權利性、收益性、時限性、非流通性等特點；股票期權制度是一種長期激勵制度而非產權制度安排，因為企業經營者的目標是通過行使權利獲得豐厚收益，而非企業的所有權，即該制度對高級管理人員的最大價值是獲得差價利潤而不是控制公司。
  3. The conclusions are : under the case of monopoly, the enterprise has the ability to delay the investment, thus it can take the advantages of option value brought by uncertainty to select the optimal timing of investment in each phrase flexibly ; under the case of competition, enterprise will select the optimal investment timing by comparing the tradeoff between the benefits of option value and the strategic lost of competitor ' s preemption, because preemption of competitor will reduce the ability of enterprise to delay investment comparing with the case of monopoly, the enterprise usually invests early, hi the meantime, by comparing the outcomes of investment cooperation in the r & d phrase with that of competition, we can conclude that r & d investment cooperation is pareto dominant strategy, since enterprise can fully take advantage of the option value brought by uncertainty, and thus enhance the flexibility of decision - making

    得到的結論是：在壟斷情形下，企業具有延遲投資的能力，因而企業可以充分利用不確定性帶來的期權價值，在創新投資的各階段根據不確定性信息的獲得靈活地選擇最優的投資時機；在競爭情形下，企業延遲投資的能力受到局限，由於害怕競爭對手的佔先，企業為了獲得佔先效應，會考慮競爭對手的行為對自己的影響，通過在不確定性所帶來的期權價值與競爭對手的行為所帶來的戰略價值之間進行權衡，來選武漢理工大學博士學位論文擇最優的投資時機。與壟斷情形相比，一般企業會提早投資。同時通過分析說明，競爭企業間通過在創新投資的研究與開發階段進行合作，可以使兩家企業充分利用不確定性帶來的期權價值，增強決策的柔性，結論說明，合作創新投資是兩家企業的帕累托占優策略。
  4. In chapter 9 we summarize the whole paper, and explain the shortages of this paper and problems to further study. main conclusions of this paper are as follows : the first, state - owned funds have always been predominant in venture capital sources in china, and this caused the " government - operated model " which leads to excessive government ' s interferes and distorted venture capital contracts ; the second, limited partnership contract is better than incorporated company contract, because the former has obvious advantages in not only encouragement and controls, but also in investors " profits. however, this paper insists, incorporated company contracts will still be very popular in the near future because limited partnership still be illegal in most provinces of china ; the third, venture capitalists " share of profits in compensation clause of fundraising contracts is influenced by investors " attitude towards difficulties and obstacles of future investment

    本文研究的主要結論：第一，在我國風險資本來源中，政府風險資本一直居於主導地位，這造就了我國風險投資的「官辦官營」模式，使其契約機制從一開始就帶有「行政干預」的烙印；第二，有限合夥契約在約束機制、激勵機制、投資者收益三個方面都明顯優于公司制契約，因此是我國風險融資契約的發展方向，但由於有限合夥在我國受到法律限制，公司制契約在一定時期內仍是我國風險融資契約的主要形式；第三，融資契約報酬條款中的激勵系數受主體先驗概率影響，借鑒有限合夥契約，可對我國公司制融資契約進行改造與重構；第四，與債權契約、普通股契約相比，可轉換優先股契約可以有效緩解風險投資過程中的信息不對稱、降低代理成本，因此是我國風險投資契約的最優選擇。
  5. Moreover, this paper discusses the feasibility of option pricing theory by adopting cases. on the one hand, it admits this method plays a key role in the realization of " debt - in - lieu - of - equity " of state - owned enterprises and appraising the value of potential earning - capacity ; on the other hand, it illustrates the application of option pricing theory in appraisal is still immature. for it can not meet the prerequisite of the theory ; its result will not be generally accepted and the quality of appraisal staff are relatively lower, this method is not applicable to business valuation aiming at equity alteration. thus it should not be regarded as a brand - new appraisal method to be promot ed in the short run. in the finial the thesis forms its conclusion on method application of superseding cost method gradually. generalizing the use of income method and developing the sense of using option pricing method

    由於成本法所固有的局限性，無法評估出資產組配成具有獲利能力的整體資產的創造性價值，因此注重企業獲利能力的收益法已成為轉軌時期中國評估業的現實選擇，並進一步對收益法的起源、方法特點和適用性進行了深入的分析；運用理性分析與案例分析相結合的方法對收益法發展的新階段? ?期權定價法應用於企業價值評估的可行性進行了研究，肯定了這一方法對國企實現「債轉股」和評估高新技術企業潛在獲利能力價值的重大意義，同時對此方法應用於企業價值評估不滿足前提條件、評估結果的可接受性、及評估人員素質等方面說明了這一方法在資產評估領域的應用尚不成熟，尤其不適用於產權變動為目的的企業價值評估，因而短期內不宜作為一種全新的評估方法推廣。
  6. Part three mainly deals with the rules, terms, and legal consequences of the trustee ' s exercise of the option

    第三部分，破產管理人行使選擇權的原則、期限及法律後果。
  7. It is the basis of oas to construct zero coupon yield curve and define interest rate term factors model. the key of oas is to select a kind of interest rate scenario simulation and evaluation methodology fitting abs / mbs

    其中，零息票收益曲線的構造和利率期限因素模型的定義是期權調整利差法的基礎；選擇適合資產抵押支持證券的利率情景模擬技術和估價技術是其關鍵。
  8. Shall have the option to renew this contract through a written notice signed by its authorized representative and delivered to the other party at least [ sixty ( 60 ) ] days prior to the expiration date

    有權選擇在期滿日之前至少[六十（ 60 ） ]天向另一方遞交經其授權代表簽署的書面通知，通知另一方該方決定續展合同， [續展期限與本合同原期限相同] 。
  9. [ [ client ] shall have the option to renew this contract through a written notice signed by its authorized representative and delivered to the other party at least [ sixty ( 60 ) ] days prior to the expiration date

    有權選擇在期滿日之前至少[六十（ 60 ） ]天向另一方遞交經其授權代表簽署的書面通知，通知另一方該方決定續展合同， [續展期限與本合同原期限相同] 。
  10. Thus, on one hand it effects when public relief does not work, to maintain the order of society, to realize the guarantee of citizen ' s right. on the other hand, the law has the function of guidance, which make the citizen to distinct the border of the justified self - help and have rational expectancy to one ' s own behavior to prevent the abuse of the right

    如此一來，一方面可以彌補公力救濟的真空地帶，維護法治秩序，實現公民權利保障;另一方面，發揮法律的指導性功能，使公民明晰自救行為正當性的界限，對選擇的行為有合理預期，以防止權利的濫用。
  11. Tax payers have the right to choose the filing date within the prescribed time limit for tax reporting

    26納稅人在規定的納稅申報期限內，有選擇辦理納稅申報日期的權利。
  12. Within the llc, investors are often linked by family or other personal relationships that result in a familiarity among the participants. in order to maintain the structure of rights of the llc, it is popular to set up the articles and bylaws of the company to restrict the transferability of shares. this ensures that outsiders cannot become shareholders without the consent of the existing shareholders and may provide a device by which existing shareholders may have a chance to exit the company under some reasonable conditions

    但為了維持公司設立之初所奠定的權利結構，防止不測，從而影響期待利益並制裁那些違反協議的人，公司股東之間往往會通過章程、內部規定等對股份轉移進行限制（在採取法定主義模式的立法下，法律代替股東們做出了選擇，將股東的意志上升為法律意志，以確保公司設立目的的實現，並最終帶給社會各種福利） 。
  13. Each time copyrights are about to expire, every beneficiary in the position of the robert frost estate faces the same choice : if they can contribute to get a law passed to extend copyrights, they will benefit greatly from that extension

    每次版權將要過期，每個象羅伯特-弗洛斯特產業那樣的版權受益人都面臨同樣的選擇：如果能捐款通過一條法案延長版權期限，他們會受益匪淺。
  14. Each mode has its own peculiarities, at the same time they have certain shared ones : eso is applied not only to listed companies ; eso is no longer a kind of selective right ; the benefit of non - state junior shareholders has n ' t been attached importance in the system design ; eso is punitive ; as to the sources of the stock, keeping stock in advance is n ' t adopted

    但所有這些模式又有一定的共性：其適用范圍不僅限於上市公司；股票期權不再是一種選擇權；非國有中小股東利益在制度設計中未受到重視；具有懲罰性；在股票來源上不採用預留方式。第四部分為股票期權的適用條件及我們必須直面的問題。
  15. It points out that mechanisms in limited partnership screens risk investor effectively and reduces the agent ' s cost, such as the pay for venture capitalist, limited life cycle of fund, venture capitalist bearing unlimited liability, etc. at investment stage of venture capital, through analysing the arrangement such as the choice of investment tool, staging of investment and estimating enterprises " value again based on enterprise ' s achievement, control distribution etc. first, choice of investment tool is the core of agreement, and determines the principal - agent relationship between venture capitalist and entrepreneur to a great extent

    論文對風險投資機構的兩種主要的組織形式? ?公司制和有限合夥制進行了對比研究，深入分析了有限合夥制的主要制度安排，指出有限合夥制的報酬體系、風險投資家承擔無限責任、基金的有限生命周期等機制的設計，有效的篩選了風險投資家並降低了代理成本。風險投資投資階段，通過對投資中投資工具的選擇、分階段投資與基於業績的價值重估以及風險企業控制權的分配等制度安排的研究，指出：一、投資工具的選擇是風險投資契約的核心，在很大程度決定了風險投資家與創業家之間的委託代理關系。
  16. Under the whole designing framework of concession contracts, the choice of such main economic parameters as products or service price, concession period, rate of return on investment, governmental support in infrastructure concession contracts is comprehensively and systematically analyzed in this dissertation

    本文把基礎設施特許權合約中的主要經濟參數水平的選擇，諸如產品或服務價格、特許權期限、投資回報率、政府提供的支持等，放在合約設計的整體框架下進行綜合系統分析。
  17. The 35 - year - old pettitte told a television station on tuesday at his houston - area golf tournament that he is in no rush to trigger his $ 16 million player option for next season, with a decision required by nov. 8

    35歲的小派星期二在一場高爾夫球賽後接受休士頓當地電視訪問時表示，他不急著在11 / 8的期限到來以前，使他價值1600萬的球員選擇權
  18. A proper selection of maturity structure of debt financing is for enterprises to reduce the cost and boost the revenue of debt financing in order to maximize the enterprise value

    企業對債權融資期限結構進行選擇，目的是為了降低債權融資成本，提高債權融資的收益，最終促進企業價值最大化的實現。
  19. First, the dissertation has studied the efficiency and life of charge institution of expressway by an economic model, which concludes that the charge institution is the second choice made by the government under the pressure of public finance. it means that a nation is not able to build the expressway because of public finance pressure. thus, a basic fact is covered that the government compares between the transfer - cost under the free tax system and the loss of welfare under the charge system, only when the tax rate is high enough at present in the seat of government that it has no possibility to tax, and the government has to select the charge system

    第一，對高速公路收費制度的效率和存續期限利用一個經濟學模型進行了研究，得出結論：只有當一個國家的政府在財政壓力下沒有能力修築公路時才會採取收費的方式，當然在這個表面現象下面掩蓋著這樣一個基本的事實：政府是在免費制度下的轉移損失與收費制度下的福利損失之間進行權衡，只有當政府認為目前稅率足夠高了，沒有再行征稅的餘地時，才會選擇收費制度，而足夠高的稅率和民眾不允許再行征稅意味著再行征稅的轉移損失大到了一定的程度。
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