sub-loan crisis什么意思

1. sub-loan crisis什么意思

次贷危机

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2. sub-prime crisis是什么意思？

同学你好，很高兴为您解答！
　　sub-prime crisis，您说的这个英文词语在我国中很常见，是属于英文会计考试核心词汇其中的一个，学好该类词汇对您的英文证书考取过程非常重要，这个词的翻译如下：次贷危机。

　　希望高顿网校的回答能帮助您解决问题，更多财会问题欢迎提交给高顿企业知道。

高顿祝您生活愉快！

3. sub-prime crisis是什么意思啊？？

同学你好，很高兴为您解答！
　　sub-prime  crisis，您说的这个英文词语在CMA的考试中比较常见，学会这个词语对考取英文CMA资格证书特别有帮助。这个词语的汉语意思是：次贷危机。

　　希望高顿网校的回答能帮助您解决问题，更多CMA的相关问题欢迎提交给高顿企业知道。

高顿祝您生活愉快！

4. Sub-Prime Mortgages 是什么

Sub-Prime Mortgages 次级抵押贷款 （次贷）

Prime Mortgages 优级抵押贷款

5. 什么是全球性信贷危机(credit crunch)?为什么美国次贷危机(sub prime mortgage crises)导致了全球信贷危机

1.次贷危机的概念 
[编辑本段] 
次贷危机又称次级房贷危机(subprime lending crisis) ，也译为次债危机。它是指一场发生在美国，因次级抵押贷款机构破产、投资基金被迫关闭、股市剧烈震荡引起的风暴。它致使全球主要金融市场隐约出现流动性不足危机。美国“次贷危机”是从2006年春季开始逐步显现的。2007年8月席卷美国、欧盟和日本等世界主要金融市场。 

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2.次贷危机的产生 
[编辑本段] 
引起美国次级抵押贷款市场风暴的直接原因是美国的利率上升和住房市场持续降温。次级抵押贷款是指一些贷款机构向信用程度较差和收入不高的借款人提供的贷款。 
利息上升，导致还款压力增大，很多本来信用不好的用户感觉还款压力大，出现违约的可能，对银行贷款的收回造成影响的危机。 
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2.2.通俗解答 
[编辑本段] 
在美国，贷款是非常普遍的现象，从房子到汽车，从信用卡到电话账单，贷款无处不在。当地人很少全款买房，通常都是长时间贷款。可是我们也知道，在这里失业和再就业是很常见的现象。这些收入并不稳定甚至根本没有收入的人，他们怎么买房呢？因为信用等级达不到标准，他们就被定义为次级信用贷款者，简称次级贷款者。 

大约从10年前开始，那个时候贷款公司漫天的广告就出现在电视上、报纸上、街头，抑或在你的信箱里塞满诱人的传单： 

“你想过中产阶级的生活吗？买房吧！” 

“积蓄不够吗？贷款吧！” 

“没有收入吗？找阿牛贷款公司吧！” 

“首付也付不起？我们提供零首付！” 

“担心利息太高？头两年我们提供3％的优惠利率！” 

“每个月还是付不起？没关系，头24个月你只需要支付利息，贷款的本金可以两年后再付！想想看，两年后你肯定已经找到工作或者被提升为经理了，到时候还怕付不起！” 

“担心两年后还是还不起？哎呀，你也真是太小心了，看看现在的房子比两年前涨了多少，到时候你转手卖给别人啊，不仅白住两年，还可能赚一笔呢！再说了，又不用你出钱，我都相信你一定行的，难道我敢贷，你还不敢借？” 

在这样的诱惑下，无数美国市民毫不犹豫地选择了贷款买房。（你替他们担心两年后的债务？向来自我感觉良好的美国市民会告诉你，演电影的都能当上州长，两年后说不定我还能竞选总统呢。） 

阿牛贷款公司短短几个月就取得了惊人的业绩，可是钱都贷出去了，能不能收回来呢？公司的董事长——阿牛先生，那也是熟读美国经济史的人物，不可能不知道房地产市场也是有风险的，所以这笔收益看来不能独吞，要找个合伙人分担风险才行。于是阿牛找到美国经济界的带头大哥——投行。这些家伙可都是名字响当当的主儿（美林、高盛、摩根），他们每天做什么呢？就是吃饱了闲着也是闲着，于是找来诺贝尔经济学家，找来哈佛教授，用上最新的经济数据模型，一番鼓捣之后，弄出几份分析报告，从而评价一下某某股票是否值得买进，某某国家的股市已经有泡沫了，一群在风险评估市场里面骗吃骗喝的主儿，你说他们看到这里面有风险没？用脚都看得到！可是有利润啊，那还犹豫什么，接手搞吧！于是经济学家、大学教授以数据模型、老三样评估之后，重新包装一下，就弄出了新产品——CDO（注： Collateralized Debt Obligation，债务抵押债券），说穿了就是债券，通过发行和销售这个CDO债券，让债券的持有人来分担房屋贷款的风险。 

光这样卖，风险太高还是没人买啊，假设原来的债券风险等级是6，属于中等偏高。于是投行把它分成高级和普通CDO两个部分，发生债务危机时，高级CDO享有优先赔付的权利。这样两部分的风险等级分别变成了4和8，总风险不变，但是前者就属于中低风险债券了，凭投行三寸不烂“金”舌，当然卖了个满堂彩！可是剩下的风险等级8的高风险债券怎么办呢？ 

于是投行找到了对冲基金，对冲基金又是什么人，那可是在全世界金融界买空卖多、呼风唤雨的角色，过的就是刀口舔血的日子，这点风险小意思！于是凭借着老关系，在世界范围内找利率最低的银行借来钱，然后大举买入这部分普通CDO债券，2006年以前，日本央行贷款利率仅为1．5％；普通CDO利率可能达到12％，所以光靠利息差对冲基金就赚得盆满钵满了。 

这样一来，奇妙的事情发生了，2001年末，美国的房地产一路飙升，短短几年就翻了一倍多，这样一来就如同阿牛贷款公司开头的广告一样，根本不会出现还不起房款的事情，就算没钱还，把房子一卖还可以赚一笔钱。结果是从贷款买房的人，到阿牛贷款公司，到各大投行，到各个银行，到对冲基金人人都赚钱，但是投行却不太高兴了！当初是觉得普通CDO风险太高，才扔给对冲基金的，没想到这帮家伙比自己赚的还多，净值一个劲地涨，早知道自己留着玩了，于是投行也开始买入对冲基金，打算分一杯羹了。这就好像“老黑”家里有馊了的饭菜，正巧看见隔壁邻居那只讨厌的小花狗，本来打算毒它一把，没想到小花狗吃了不但没事，反而还越长越壮了，“老黑”这下可蒙了，难道馊了的饭菜营养更好，于是自己也开始吃了！ 

这下又把对冲基金乐坏了，他们是什么人，手里有1块钱，就能想办法借10块钱来玩的土匪啊，现在拿着抢手的CDO还能老实？于是他们又把手里的CDO债券抵押给银行，换得10倍的贷款，然后继续追着投行买普通CDO。嘿，当初可是签了协议，这些CDO都归我们的！！！投行心里那个不爽啊，除了继续闷声买对冲基金之外，他们又想出了一个新产品，就叫CDS （注：Credit Default Swap，信用违约交换）好了，华尔街就是这些天才产品的温床：不是都觉得原来的CDO风险高吗，那我投保好了，每年从CDO里面拿出一部分钱作为保金，白送给保险公司，但是将来出了风险，大家一起承担。 

保险公司想，不错啊，眼下CDO这么赚钱，1分钱都不用出就分利润，这不是每年白送钱给我们吗？干了！ 

对冲基金想，不错啊，已经赚了几年了，以后风险越来越大，光是分一部分利润出去，就有保险公司承担一半风险，干了！ 

于是再次皆大欢喜，CDS也卖火了！但是事情到这里还没有结束：因为“聪明”的华尔街人又想出了基于CDS的创新产品！我们假设CDS已经为我们带来了50亿元的收益，现在我新发行一个“三毛”基金，这个基金是专门投资买入CDS的，显然这个建立在之前一系列产品之上的基金的风险是很高的，但是我把之前已经赚的50亿元投入作为保证金，如果这个基金发生亏损，那么先用这50亿元垫付，只有这50亿元亏完了，你投资的本金才会开始亏损，而在这之前你是可以提前赎回的，首发规模500亿元。天哪，还有比这个还爽的基金吗？1元面值买入的基金，亏到0．90元都不会亏自己的钱，赚了却每分钱都是自己的！评级机构看到这个天才设想，简直是毫不犹豫：给予AAA评级！ 

结果这个“三毛”可卖疯了，各种养老基金、教育基金、理财产品，甚至其他国家的银行也纷纷买入。虽然首发规模是原定的500亿元，可是后续发行了多少亿，简直已经无法估算了，但是保证金50亿元却没有变。如果现有规模5000亿元，那保证金就只能保证在基金净值不低于0．99元时，你不会亏钱了。 

当时间走到了2006年年底，风光了整整5年的美国房地产终于从顶峰重重摔了下来，这条食物链也终于开始断裂。因为房价下跌，优惠贷款利率的时限到了之后，先是普通民众无法偿还贷款，然后阿牛贷款公司倒闭，对冲基金大幅亏损，继而连累保险公司和贷款的银行，花旗、摩根相继发布巨额亏损报告，同时投资对冲基金的各大投行也纷纷亏损，然后股市大跌，民众普遍亏钱，无法偿还房贷的民众继续增多……最终，美国次贷危机爆发。

6. 请英语超历害的帮忙翻译下

China's banking sector deal with the U.S. sub-prime crisis response 

Abstract 

Since the beginning of 2007 the world has witnessed a U.S. sub-prime mortgage crisis that later evolved into a global credit crunch. Crisis spreading at an alarming rate, to Western financial institutions and global financial markets, the impact is greater than the 20th century, late 80's crisis, the U.S. savings and loan institutions, but also no less than 11 years ago, the Asian financial crisis. It is combined with the U.S. housing recession and fermentation is the development of further slowdown in the U.S. economy, and the world economy have a certain negative impact. 
In the "butterfly effect" under the influence of the U.S. sub-prime mortgage crisis has caused a worldwide upheaval in financial markets. Economic and financial globalization and increasingly fierce competition in the financial markets in a modern commercial bank risk management has put forward higher requirements. While the U.S. sub-prime mortgage crisis did not bring disaster to our country, but the increasingly open China's financial sector and asset speculative atmosphere is pervading the stock and property markets, this also has a reference role, and China should take into account is how the U.S. sub-prime mortgage crisis lesson, take precautions against danger. This paper analyzes the occurrence of the U.S. sub-prime crisis and its impact, and in-depth analysis of the U.S. sub-prime crisis on domestic bank management insights, and to explore China's banking industry deal with the U.S. sub-prime crisis. 
Key words sub-prime mortgage crisis, subprime mortgage risk management of commercial banks in financial supervision

7. 哪位英文高手可以帮忙翻译下下面这段文字吗？关于次贷危机的！

The United States sub-prime mortgage credit crisis starting in the spring, the extension in early summer, between July and August at midsummer resonance expansion for the global financial turmoil. In spite of the world's central banks join hands to inject capital, the Federal Reserve to lower interest rates, such as rediscount interventions to alleviate the current potential danger, but the shock waves still continue to spread. Domestic public opinion in August have been given this case a higher international financial concerns, August 24, 2008 after another Bank of China, Industrial and Commercial Bank of China, Construction Bank Center Daily News have to disclose the amount of bonds held by the sub-loan news happened, but also proves that Chinese during the crisis can not be completely related to things outside the body. 
At present, an accurate estimate of line, including three Chinese financial institutions in the sub-loan losses in bond investments, as an overall assessment of the global credit turmoil, the overall loss of meeting of the whole story, it is too early too. However, in order to examine the macro-perspective of the global accumulation of sub-loan crisis, the outbreak, the spread of the path can be summed up a number of lessons learned, on the abnormal high asset price bubbles, capital controls will not go to the Chinese is the mirror Kam. Reality shows that financial liberalization should be on at the nature of the progress of the financial system, including the risk prevention system being perfected.controller, financial institutions, real estate in areas such as the "strong" and should redouble its vigilance of the asset bubble, not to today's excitement for tomorrow's pain. 
International observers in the analysis of the financial turmoil generally agreed that the implementation of the Federal Reserve long-term low interest rate policy, derivatives market too far from the real economy, financial culture is still owed to improve, is the financial turbulence of the three main reasons. Especially one of the first case. 
At the United States the longest economic boom after the dotcom bubble burst, the "911 Incident" and other factors, forced the Federal Reserve cut interest rates a row. There is no reason to blame the economic policies to stimulate the overall orientation. However, in the specific operation, the Federal Reserve's monetary policy is still worthy of the reflection. Its first two years of efforts to cut interest rates is too large, the real interest rate and sometimes even negative; since then, although 17 consecutive rate hikes, the federal funds rate from 1% to 5.25%, the dollar still in the stage of long-term depreciation. To study inflation, the Fed at the early success experienced after the second half of 2003 to the second half of 2005 have seen a slightly higher monthly CPI growth situation, in September 2005 and even reached 4.7%. U.S. Federal Reserve on interest rates at too cautious, slow response, the global excess liquidity to blame, but also the formation of the root causes of the current round of financial turbulence. By Yes It seems that the monetary authorities correctly judge the situation and take decisive measures to be important. 
Derivatives Market chain is too long, while the fundamentals were ignored, but also the risk of continuing to enlarge. America's subprime mortgage credit of the actual demand for housing starts, but has been derived into different layers of the Level of investment capital providers varieties. And subprime mortgage customers to pay security and the repayment ability of customers out of touch, more based on the assumption of rising house prices. Popular in the housing market, the banks have been the high interest income, financial institutions rush on mortgage derivatives. Once entering the real estate market down cycle, then default emerge crisis. Because the chain is too long, the market self-regulation and external regulation have become very difficult; aspect due to many middle to "other people's money," the player a very weak risk awareness. Long-chain risk is widely dispersed, but after the outbreak of the crisis resonance effect may be more tragic. 
Meeting loan crisis also showed that, even if the financial industry in the United States such a highly developed country, the mass level of financial culture has yet to be improve. All kinds of reports show that in the United States to apply for credit from subprime, many people even do not know what compound interest, it will not calculate the cost of future mortgage, but still in great enthusiasm to apply for its own inability to repay the mortgage, stay in their own inability to purchase housing. Those who do so many people, however, the mass mania of the market will never be able to overcome volatile Change the iron rule of a sudden rupture of the bubble is bound to bring enormous economic and social pain, bear the brunt of those who strayed into the bubble is a pair of vulnerable groups.

8. 求解十个关于经济危机的英语单词，并要求其附上英文解释

subprime ：次贷
 credit crisis：信贷危机
 sell-off：抛盘 . under strain : 处于窘境 . mortgage debt ：抵押债务 recession ：衰退
 liquidity：偿债能力，流动性. hoard cash：揽现 meltdown：萧条，彻底垮台
. short-term Treasuries :短期国债 credit crunch:信用紧缩. plummet：直线下降: hedge fund: 套利基金；避险基金. stimulus：刺激（方案） rate cut：利率下调