[00:00.00]New Words
[00:00.80]新單詞
[00:01.59]Toronto n.
[00:02.30]多倫多
[00:03.00]shares n.
[00:03.71]股份,股票
[00:04.41]raise v.
[00:05.16]積累,籌集
[00:05.90]Phrases & Expressions
[00:08.28]stock exchange
[00:09.33]股票交易所
[00:10.37]go public
[00:11.01]上市
[00:11.65]S1:Professor Smith, we have known many interesting things about the western society in the class.
[00:14.41]學1:史密斯教授,我們在課上已經了解很多關于西方社會的有趣事情。
[00:17.16]What are we going to learn today?
[00:18.22]我們今天要學什么呢?
[00:19.28]P:The stock market.
[00:20.19]史:股票市場。
[00:21.11]A:The stock market?
[00:21.96]全:股票市場?
[00:22.80]P:Yes. Do you know anything about the stock market?
[00:24.84]教授:是的。關于股票市場,你們都知道些什么呢?
[00:26.88]S2:No more than the name itself. Stock market is new in China.
[00:29.40]學2:就是知道這個名稱而已,股票在中國還是很新的東西。
[00:31.92]P:In the largest cities in many countries, you may want to visit the stock exchange.
[00:35.11]史:在許多國家的大城市里,你可能應該去看看它們的股票交易所。
[00:38.30]There are stock exchanges in Paris, London, Tokyo, Toronto, and many other places.
[00:41.84]巴黎、倫敦、東京、多倫多等許多城市都有股票交易所,
[00:45.37]One of the largest, most famous, and most important stock exchanges in the world is located in New York City.
[00:49.52]而其中最大,最有名的也最重要的是紐約股票交易所。
[00:53.66]The market, as a stock exchange is sometimes called,
[00:55.58]股票市場,或股票交易所,
[00:57.50]is important to many people because they make money by investing in it.
[01:00.40]對許多人來說很重要,因為他們想在這里投資賺錢。
[01:03.29]Today, we will explain the stock exchange itself and describe the process of investing money in the stock market.
[01:07.41]今天,我們要解釋一下什么是股票交易所,以及如何投資。
[01:11.52]First, can you tell me what a market is?
[01:13.52]首先,你們能告訴我什么是市場嗎?
[01:15.52]S3:A market is a place where people sell things and buy things.
[01:17.31]學3:市場是人們買東西和賣東西的地方。
[01:19.10]P:Yes, the stock market is also a place where an exchange of things takes place.
[01:22.66]教授:是的,股票市場也是一個買賣交換的場所,
[01:26.23]The things exchanged at the stock market are shares of stocks in business or companies.
[01:29.56]只不過股票市場買賣的是公司或企業(yè)的股份。
[01:32.89]S4:What are shares?
[01:33.91]學4:什么是股份?
[01:34.93]P:Shares represent a partial ownership of the company. In other words, if you buy shares of stock in a business.
[01:39.59]教授:股份代表著某公司的部分所有權。換句話說,如果你買了一個企業(yè)的股份,
[01:44.25]you become a partial owner of the business. The stock market, or stock exchange, then,
[01:47.60]你就成為了這個企業(yè)的所有人之一,在股票市場,或者股票貿易所,
[01:50.94]is a place where people can buy or sell shares in a particular company or business.
[01:54.18]人們進行某個公司或企業(yè)的股份買賣。
[01:57.42]S5:Why do people buy or sell shares?
[01:59.05]學5:為什么人們要買賣股份呢?
[02:00.69]P:Many different kinds of people buy stocks in the stock market.
[02:02.93]教授:各種各樣的人在交易所里買賣股票:
[02:05.18]Some of these people are very wealthy. They have a lot of money;
[02:07.35]有些人很富有,
[02:09.52]they have much more money than they really need for everyday living expenses.
[02:12.11]他們除了日常開銷外還剩很多錢,
[02:14.71]They buy stocks in hopes of getting more money than they have. Other people are not very rich,
[02:18.36]他們買股票是希望得到更多的錢,有些人不太富有,
[02:22.00]but they buy stocks anyway. They may buy it in order to become rich;
[02:24.82]是為了想變成富有的人
[02:27.64]or they may buy it as part of a plan to save money.
[02:29.59]或是把它作為存錢的一種方式。
[02:31.54]There are still many other reasons why people buy and sell stocks.
[02:33.90]人們買賣股票還有許多別的原因,
[02:36.26]In general, everyone who buys and sells stocks hopes to make money.
[02:39.33]但總之,每個人都是為了賺錢。
[02:42.40]All the people who buy stocks are actually investing money in a company or business. They are called...
[02:46.02]所有買了某公司或企業(yè)股票的人實際上是在向這個公司或企業(yè)投資,他們被稱為-----
[02:49.64]S5:Investors. Why does a company want to share its money with other people, then?
[02:52.38]S5:投資者。那么為什么一個公司都愿意和別人分享所有權呢?
[02:55.12]P:There are various reasons. By selling stocks a company can get the money it needs to expand.
[02:59.04]史:有各種原因。通過銷售股票,一個公司可能得到它發(fā)展所需的資金。
[03:02.96]Sometimes, it is advantageous for a company to "go public" for tax reasons.
[03:05.97]有時,一個公司是為了繳稅有利而"上市"的。
[03:08.97]The company may save money on taxes by selling shares on the stock exchange.
[03:11.65]該公司在股票交易所賣股份可節(jié)省稅金。
[03:14.32]When a company is in debt to banks, by selling stocks,
[03:16.44]當一個公司欠銀行的錢,公司也可能出售股票
[03:18.56]it may be able to pay the banks. Many companies sell their stocks for this reason.
[03:22.11]來償還銀行的錢 。許多公司出售股票的是為了這個原因。
[03:25.66]However, the reasons why companies sell their stocks on the stock exchange are often complex.
[03:29.14]但是公司在股票出售股票的原因是很復雜的。
[03:32.61]In general, those who sell shares of stock on the stock exchange need to raise money for one reason or another.
[03:37.08]總之,這些公司在股市上出售股票都是為了這樣和那樣的目的而籌集資金。