non-public offering 中文意思是什麼
non-public offering
解釋
不公開報價-
The former mostly includes finance trench, which consists of urban maintenance and constructive tax, add - ons of public utility, urban land - using tax, the debt of local government, remise of urban state - own land - using right and special national debt capital, and so on ; administrative charge trench, which consists of apportion, raising the price of urban infrastructure products and services, and so on ; practicality investing trench, which mostly consists of corresponding capital for urban infrastructure provided by real estate exploiters ; other financing trenches, which consist of time - limiting remise of operating authority on urban infrastructure section, introducing into foreign capital, short term loan of civil financing institution, and so on. the latter includes the innovation on the main investors, which consist of the anticipation of civilian capital and other non - financing institutions, and the innovation on financing tools, which consist of project financing, investment funds on industry, municipal bonds and initial public offering, and so on
前者主要指以政府作為投資主體下的各種融資工具，包括財政稅收渠道（包括城市維護建設稅和公用事業附加、城鎮土地使用稅、地方政府債務、城市國有土地使用權有償出讓、國債專項資金等） ；行政收費渠道（包括攤派、提高基礎設施產品和服務的價格等） ；實物投資渠道（主要是讓房地產開發商為城市基礎設施提供配套資金） ；其它融資渠道（包括市政設施部門專營權有限期出讓、引進外資、國內金融機構的短期貸款等） ；後者則包括融資主體的創新（民間資本的參與以及其它非銀行金融機構的介入）和融資工具的創新（項目融資、產業投資基金、市政債券、股票上市等） 。 -
Among the exit means of venture capital investment, only the companies that have relatively mature business may launch an initial public offering of its stock even though the return on investment via an ipo is far greater than the return on investment via non - ipo means ( merger and acquisition ; share repurchase ; trade sale ; liquidation )
清算。然後對ipo與ipo之外的退出方式進行簡要比較分析，筆者得出的基本結論是：盡管ipo比非ipo方式取得的回報更豐厚，但是，通常只有發展較成熟的公司才有可能走向ipo ，而非ipo的退出方式則可以涉及無論是處于困境中的企業還是取得巨大成功的企業，其適用空間更為廣闊。
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