高级证券Senior SecurityA security (usually debt) that, in the event the issuer goes bankrupt, must be repaid before other creditors receive any payment. 高利贷Loan SharkingWhen a borrower is charged interest above an established legal rate. Depending on where you live, lenders typically cannot charge more than 60% interest per annum. 高流通性市场Liquid MarketA market with many bid and ask offers. The market is characterized by high liquidity, low spreads, and low volatility. 高市值股票Large-CapCompanies having a market capitalization between $10 billion and $200 billion. 高折扣债券Deep Discount BondA bond that sells at a significant discount from par value. A bond that has a coupon rate significantly less than the prevailing rates of fixed-income securities with similar risk profiles and is selling at a discount from par value. 告慰函、安慰函Letter of ComfortA letter issued to a lending institution by a parent company acknowledging the approval of a subsidiary company's attempt for financing. GDP差距GDP GapThe sacrificed output within a country's economy due to the failure to create sufficient jobs for all those willing to work. GDP平减数GDP Deflator An economic metric used to account for inflation by converting output measured at current prices into constant-dollar GDP. The GDP deflator shows how much a change in the base year's GDP relies upon changes in the price level. 格林斯潘Alan GreenspanDr. Greenspan is Chairman of the Board of Governors of the Federal Reserve System. He is serving his fourth four-year term ending June 20, 2004. Dr. Greenspan also serves as Chairman of the Federal Open Market Committee (FOMC), the Fed's principal monetary policymaking body. 格林斯潘对策Greenspan PutA colloquial term used to describe the Chairman of the Federal Reserve Board's actions in preventing significant and sustained market downturns. 隔夜利率Overnight RateThe interest rate at which a depository institution lends immediately available funds (balances within the central bank) to another depository institution overnight. 隔夜指数掉期Overnight Index SwapAn interest rate swap involving the overnight rate being exchanged for some fixed interest rate. 跟随权Tag Along RightsA procedure used to protect a minority shareholder (usually in a venture capital deal). Basically, if a majority shareholder sells their stake, then the minority shareholder has the right to join the transaction and sell their minority stake in the company. 公开市场委员会FOMCThe body that sets the interest rate and credit policies of the Federal Reserve System. 公开市场委员会Federal Open Market Committee (FOMC)The body that sets the interest rate and credit policies of the Federal Reserve System. 公开说明