词汇 | foreign-bond |
释义 | foreign bond noun[ C ] STOCK MARKETukus a bond that is sold in another country's market, using the currency of that country: The number of institutional investors who are able to expand investment in foreign bonds is very limited. Compare Eurobond Examples of foreign bondforeign bond An increase in the tax on foreignbond income generates the opposite portfolio response. In addition, these equilibrium growth rates vary inversely with the tax on foreignbond income, but are independent of all other tax rates. The choice between domestic and foreignbond holdings balances into an arbitrage condition pinning down expected exchange rate changes (i. e., an uncovered interest rate parity condition). From a policy perspective, it also implies that the consumption growth rate varies inversely with the tax on foreignbond income, but is independent of all other tax rates. If a man receives a foreign cheque what he does is to sell it through his bank, just as a foreignbond is sold through a stockbroker. From the Hansard archive Example from the Hansard archive. Contains Parliamentary information licensed under the Open Parliament Licence v3.0 That is, the after-tax interest rate on foreign bonds must exceed the growth rate of domestic aggregate output. For the return to capital to remain equal to the fixed return on foreign bonds, a q must decline. As decumulation of foreign bonds outweighs their accumulation during the second phase, b is definitively reduced. In addition to accumulating physical capital and holding cash, the households can save in domestic and foreign bonds. The former is driven by the difference between the after-tax rate of return on foreign bonds and the domestic rate of time preference. These examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors. |
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