return of security 中文意思是什麼
return of security
解釋
退還保證金-
Security return : the explain of cognition dislocation theory
認知失調理論的解釋 -
The first part is introduction, presenting this paper ' s structure, research background and so on ; the second part introduces some issues relating closely to risk, the tangency point between indifference utility curve and efficient frontier is the optimal portfolio ; the third part explores risk evaluation, this part begins with some risk factors affecting security ' s price and return, then analyzes the methods evaluating degree of risk, finally, introduces a more popular method of risk evaluation - - var ; the forth part expounds risk management, this part studies some risk control strategies correspond to specific risk mentioned above ; the last part put forward some advice contrapose issues existed in risk management in china
第一部分為緒論，介紹本文的相關背景；第二部分是與風險相關的幾個問題，等效用曲線與有效邊界的切點是投資者選擇的最佳投資組合；第三部分是風險衡量，該部分首先分析了證券與股票所面臨的風險，然後對債券和股票分別介紹，最後介紹了目前比較流行的風險衡量方法? ? var方法；第四部分為企業風險管理，這里針對上文所述的風險提出相應的風險控制策略；第五部分針對目前我國風險管理中存在的問題提出了幾點建議。 -
To pass its threshold was to return to stagnation ; to cross the silent hall, to ascend the darksome staircase, to seek my own lonely little room, and then to meet tranquil mrs. fairfax, and spend the long winter evening with her, and her only, was to quell wholly the faint excitement wakened by my walk, - to slip again over my faculties the viewless fetters of an uniform and too still existence ; of an existence whose very privileges of security and ease i was becoming incapable of appreciating
踏進門檻就意味著回到了一潭死水之中，穿過寂靜的大廳，登上暗洞洞的樓梯，尋找我那孤寂的小房間，然後去見心如古井的費爾法克斯太太，同她，只同她度過漫長的冬夜，這一切將徹底澆滅我這回步行所激起的興奮，重又用一成不變的靜止生活的無形鐐銬，鎖住我自己的感官。這種生活的穩定安逸的長處，我已難以欣賞。 -
With the rapid development of the security stock market especially the stock market in chian ， issuing stock and circulating on market became the first choice of financing for more and more enterprise at the same time ， more and more investors are attracted by the relately high initial return of stock however ， the problem of ipos underpricing always exists in the stock market according to the data of more than one thousand chinese stocks ， most new issues had great raise in the first trade day ， and investors could acquire higher initial return than the average return of the stock market or the same industry we find that initial returns on a - share ipos average reached 132. 24 percent the main body of this paper is made up of six sections ： in the first part ， we introduced the method of the estimate of pricing decision ； in the second part ， we analyzed the method of the pricing decision and issuing system in china ， discussed the advantage and weakness of the various issuing methods ， and compared the economic efficiency between the examine and approve system and authorization system ； in the third part ， we analyzed the reason of ipo ' s underpricing in detail from information economics and other factors and combined with the environment of the chinese stock markets ， we analyzed the special characteristics in china and how they effect the ipo ' s underpricing in the fourth part ， we analyzed the data of chinese stock market with spss ， made a analysis of the administrative pricing decision and market pricing decision ， studied the underpricing phenomena of chinese stock market ， and analyzed it ' s causes ； in the fifth part ， we made a analysis of the examine approve system and authorization system ； and in the last part ， we drew some conclusions and put forth some policy advices the follow are the conclusions and policy advices in this dissertation ： （ 1 ） from the results of this empirical study ， we found that the issuing price - earning ratio and the market situation before ipos are strongly and positively associated with the underpricing of shares ， the issuing scale of ipo and the hit rate are strongly and negatively associated with the underpricing ； （ 2 ） we found that after the abolishing of ipo ' s p / e ratio and the using of authorization system ， there is no significant difference among the underpricing of shares ， but considered with the market entironment ， we think that the ipo ' s underpricing has been correspondingly reduced （ 3 ） to reduce difference between the primary market and the second market ， we suggested that we shall bring the " over - allotment option ( oao ) " to bear and resume the state - owned share and corporate - owned share to circulate on market as soon possible
本文的主體由六個部分組成：第一部分介紹新股發行定價的估值方法；第二部分對我國的發行定價方式和發行制度進行分析，探討不同發行定價方式的優缺點，以及審批制和核準制經濟效率分析；第三部分從信息經濟學角度和其他因素的角度詳細分析造成新股發行抑價的原因，並結合我國股票市場實際情況，分析了我國市場的特有因素是否及如何影響一級市場的發行抑價程度的；第四部分利用統計分析軟體spss對我國新股行政化和市場化定價進行實證分析，主要包括新股發行行政化和市場化定價方式的實施情況和效果分析、新股發行行政化定價方式的實證分析，以及新股發行行政化和市場化定價方式的比較實證分析；第五部分利用統計分析軟體spss對我國新股發行審批制和核準制進行實證分析；第六部分是本論文的主要結論。本文的主要結論和建議有： （ 1 ）從實證分析結果看，我國新股發行抑價與市場環境、發行市盈率呈顯著正向關系，與發行規模、申購中簽率等呈顯著反向關系。 （ 2 ）取消發行市盈率限制和實施核準制等市場化改革措施並沒有降低發行抑價的絕對水平，只是由於市場環境的因素，發行抑價的相對水平才有所降低。 -
In the sixties of the 20th century, while it analyzed the relationship between the security risk and the return, the capital asset pricing model ( capm ), on the basis of security investment portfolio theory, put forward the pricing method of the security. the theory has succeeded in enduring the econometrical tests for more than ten years
20世紀60年代，資本資產定價模型（ capm ）以markowitz的證券投資組合理論為基礎，在分析證券風險、收益關系的同時，提出了證券的定價方法，這一理論成功地經受了十多年的經濟計量檢驗。 -
Furthermore, under section 77 of the iro, ird may apply to the district judge for a " departure prevention direction " to prevent taxpayers who intend to leave hong kong from departing, or who have left hong kong to reside elsewhere from leaving hong kong again upon their return to hong kong, without paying their tax liability in full or providing sufficient security to secure the payment
此外，稅務局亦可根據稅務條例第77條，向區域法院法官申請阻止離境令，在欠稅人未清繳稅款或未提供足夠保證的情況下，阻止欲離開香港的欠稅人離港，或阻止已離港在海外居住的欠稅人在回港后，再次離開香港。 -
The president wants to allow younger workers to invest part of their social security taxes in financial markets, in the hopes of gaining a higher rate of return
布希想要允許年輕的工人在金融市場中為他們自己的社會保險稅來部分投資，希望能獲得較高的回報率。 -
Because return of chinese security market is non - normal distribution, so we use garch - t model which can describe the time - variation of volatility and the high - peaked and heavy - tailed characteristics of return to calculate var value of market index. from empirical results we know that this model is efficient
考慮到中國證券市場收益率序列分佈的非正態性，本文使用了既能描述方差時變性又能反映收益率分佈的尖峰、厚尾特徵的garch - t模型計算市場指數的var值，實證結果表明該模型是有效的。 -
The sixth chapter " essay on the estimation of stock price model " briefly introduced evolution of chinese stock market, showed the abrupt change and discontinuity of chinese stock market return, estimated the three models on the shanghai security exchange comprehensive index, compared the result made by the three models ? the result showed that the figarch model is better in modelling the autocorrelation, heteroskedasticity and nonlinear characteristics of stock price than the others
建立了上證指數的arfima ， garchzjifigarchta刑種杖刑，並對模二解冰股票價格波動的囪相關性，異方差性和非線性市場的效果以及對價格的問歸和預測效果作了比較，得出結論n a ch模型在解決這些問題上效果最好，二種模刑在價格問歸和預測值上都存在一階滯后問題。 -
Based on these, the author studies the relationship between return and risk of portfolio, respectively taking a - shares traded in shanghai security exchange and security investment funds as analysis object
在此基礎上，作者分別以上海股票市場的a股股票和證券投資基金為研究對象，研究了資產組合的收益-風險關系。 -
Open - end funds, a new vehicle in security market of china, combines the liquidity & convenience of current account and the high return of portfolio, which cause investors " general concern since they have been issued in september 2001
開放式基金是我國證券市場一個新的投資品種，它集銀行活期存款的流動性便利性、證券組合投資的高收益於性一身。自從2001年9月開放式基金在我國發行以來，倍受投資者的關注。 -
On the other hand, this paper tried to study the risk budgeting on the application of portfolio through introduction of risk budgeting and bring in the multifactor model of security return to risk budgeting process to set up the risk budgeting system which
另一方面，本文試圖通過對風險預算的介紹，考察風險預算技術在投資組合中的應用，將證券收益的多因素模型引入風險預算過程，建立基於多因素模型的風險預算系統體系。 -
For the very importance of the selection of the evaluation indexes, the writer adequately improves the correspending indexes such as the rate of return of the funds, the fiducial rate of market return, the rate of return without risk and the systematical risk index according to the the actual situation in the security market in china. on the strength of which, the synthetical appraisal method combining the simple factor method and the factorization method is adopted to give a further assessment for the achievement of the funds in china
有鑒於此，針對我國證券市場和利率市場的實際情況，作者在本文中對證券投資收益率、市場基準收益率、無風險收益率及系統風險值等指標進行了充分的改進，並採用單因素評價法與因子分析法相結合的綜合評價法對我國基金的業績進行評估分析，研究結果表明：我國大部分的基金能戰勝市場，這說明我國的投資基金具有較好的業績表現。 -
In a word, the author expounds his on view that a moderate portfolio strategy should be taken in order to pursue security, profitability and liquidity of investment, particularly to increase investing return of life insurance fund by all means in china
5 、鑒于目前我國壽險業所處的發展階段、我國金融市場的情況、以及政府對壽險投資的限制情況，我國壽險投資應該採取穩健的資產組合策略，確保投資的安全性，重視收益性，兼顧流動性。 -
It is my opinion that doctrine of obtaining in good faith should not be applicable if chattels mortgage is registered. under such circumstances mortgage could claim the return of security and assignee should return it accordingly
筆者認為，在動產抵押已經登記的情況下，不應適用善意取得制度，抵押權人享有抵押物返還請求權，受讓人應當返還抵押物。 -
Section 3. 3 demonstrates in theory that, after 1998, under the situation of expected deflation, when the enterprise ' s expected return of practical investment is lower compared with the return of security investment, the credit transmission mechanism of expansionary monetary policy will not be effective
4 . 7節對銀行資產結構、私人部門的融資結構、投資的利率彈性、國債發行的擠出效應進行實證分析，闡述擴張性貨幣政策信用傳導機制弱化的原因。 4 . 8節分析了疏通信用傳導機制的政策措施。 -
Using the data of shanghai security market index ( 1998 / 01 / 01 2001 / 12 / 31 ), we estimate an ar - garch - m model for the return of shanghai market, and analyse the integration property of the data and the risk effect of the market
同時，使用該演算法對上證指數（ 1998年1月1日至2001年12月31日）的收益率的ar - garch - m模型的參數進行了估計，並分析了數據的整合性與市場的風險效應。 -
The most important issue of security markets is the return - risk relation and the return - risk relation of bonds is reflected by the yield curve that describes the relation between yield to maturity ( return ) and years to maturity ( risk ), so yield curve is an important analytical tool which serves as the basis of analysis of the trend of interest rate and bond pricing
證券市場最重要的問題是收益?風險的關系，而國債的收益?風險關系就體現在描述到期收益率（收益） ?到期期限（風險）的國債收益率曲線上，因而國債收益率曲線是國債研究最重要的分析工具，它為分析利率走勢和進行市場定價提供了基本工具。 -
From the prime minister junichiro koizumi ' s repeated visits to the yasukuni shrine to the bid for a permanent seat on the united nations security council, many asian countries see them as a symbol of the return of japanese nationalism
從日本首相小泉純一郎再三地參拜靖國神社到日本企圖在聯合國安理會上爭取一永久席位，許多亞洲國家都將之視為是一種日本國家主義復返的象徵。 -
Digital signature offers a high level of security for the tax return filing
就提交報稅表而言，數碼簽署能為資料的安全穩妥提供高度的保障。
分享友人