资本运营双语词汇

资本运营

第2章 并购的历史
HISTORY OF MERGERS

并购浪潮 merger waves
第一次并购浪潮 first waves
横向并购 horizontal merger
纵向并购 vertical merger
混合并购 conglomerate merger
第二次并购浪潮 second waves
合并 combine
垄断 monopolize
反托拉斯法 antitrust legislation
谢尔曼法 Sherman Act
克莱顿法 Clayton Act
经济衰退 economic recession
控制效应 control effect
财产税 property tax
第三次并购浪潮 third waves
多元化公司 diversified firm
多元化经营战略 diversification strategy
主营业务 main business
潜在互惠 potential mutual
综合型企业 integrated enterprise
市盈率 earnings ratio
信贷市场 credit market
投资者 investor
收购者 financial buyer
每股收益率 earnings per share
股票 shares
会计操纵 accounting manipulation
账面收益 paper profit
市场价值 marketable value
股票价格 share price
价值低估 value underestimate
有价证券 negotiable securities
可转换债券 convertible securities
普通股 common stock
目标公司 target company
收购公司 acquiring company
每股进阶效应 per share advanced effect
股权收购 share acquisition
敌意收购 hostile acquisition
利息 interest
资产剥离 asset stripping
白衣骑士 white knight
收购策略 acquisition strategy
反收购策略 reverse takeover strategy
第四次并购浪潮 fourth waves
竞争性 competitive
非竞争性 noncompetitive
狙击者 sniping ranger
绿票讹诈 greenmail
套利者 arbitrager
投资银行 investment bank
债务 debt
垃圾债券 junk bond
袭击策略 attack strategy
防御策略 defense strategy
第五次并购浪潮 fifth waves
滚动收购 rolling acquisition
战略并购 strategic merger
管理层收购
MBO(Management Buy-Out)
道琼斯工业平均指数
Dow Jones industries average index

1. Five periods of high merger activity, often called merger waves, have taken pla ce in the
history of the United States.
美国历史上总共掀起过五次并购高潮，人们通常称之为并购浪潮。

2. The term diversified firms is generally applied to firms that have some subsidiaries in other
industries but a majority of their production within one industry category.