CFA一级必备词汇词汇表
CFA一级必备词汇词汇表
characterizeilliquidtimberlandmezzaninedrawdowndirectionalquantitativecommodity marketopportunisticfixed incomesubdivisionexpertiselockupbackfillsurvivorshipmanagement feelimited partnerpension fundsmigrateeffortlesssegmentationreplicatetangiblerisk managementdue diligencefund of fundsproblematicvectormonte carlopredeterminepresumablypass throughrefinanceburnoutjumbodelinquencyserve toa pool ofmistimeexpirationbreakeven pointarbitrageeliminatespeculationhedgeswapclearinghouselienmalfeasancetrack recordconservativeuntappedintellectualidiosyncraticdynamicnotchsubstantialgiltreorganizationsecured creditorsubordinateRecovery rateconvexitytheoreticallydurationinvestment horizonreserve fundconformFreddie MacFannie MaerecourseforeclosureprepaymentprovisionBalloon paymentlumprolloverrenegotiablehybridadjustablefixed ratemortgage loanemerging marketcorporate bondshousing loanstudent loanadministrationsequentialtranchewaterfallauto loanoriginaterepossesssimplifypassthroughinterpolationClean priceaccrued interestinstantaneousrepoexempt fromsyndicateon the runPrivate Placementgrey marketpublic offeringinterbankinstitutional investorretail investorcontingententitleparityembedlump-sumdefermentcall provisionstep-upinversecapcollartrusteesinking fundmortgage-backed securitieseurobondaffirmativetrust deedsemi-annualperpetual bondbondholdersupranationalissuerfutileexploitableretractablegroundedcease tojustifiedunpredictablemultistagecapital gaindifferentiationlife cyclebargaining powerrivalrypeer groupsusceptibleclusterevolveovercapacitytelecommunicationhealth carestaplenotablyshake-outembryonicentrantdemographictop downsponsorLeveraged buyoutonerousprivate equitysenioritymade uppreference sharesresidual claimherddispositionfallacygamblerrepresentativeoverconfidencebehavioralbehavioral financedeviate fromanomalydata miningdisprovepersistsimultaneouslyimpedimentmarket valuesubstantiallyappraisalreconstituteconstituentprice indexquotationopaquetransactions costsunderwrittengemstonehedge fundinitial public offeringIPOmoney marketcapital marketprimary marketsecondary marketmargin callmaintenance margininitial marginin lieushort positionlong positionentailcarboncredit default swapsforward contractreal estateunfundedunsophisticatedinsider tradingpredominantadverse selectionmoral hazardpolicyholderspreadcustodiansecuritizedisseminationcertificate of deposittacticaltime horizonAsset AllocationSystematic Riskunsystematicaversioncontainedinefficientfrontierventure capitalbuyoutclosed-endopen-endedexecutionsovereign wealth fundmutual fundscharitableongoingportfolio managementobsoletereinvestmentcreditorcapital rationingrationingsequencemutually exclusivecannibalizeexternality