fixed debenture

简明释义

固定债券

英英释义

例句

1.The fixed debenture was rated highly by credit agencies, making it an attractive investment.

该固定债券被信用评级机构高度评价，使其成为一项有吸引力的投资。

2.Investors prefer fixed debentures because they provide a steady income stream.

投资者偏好固定债券，因为它们提供稳定的收入来源。

3.The company issued a fixed debenture to raise funds for its new project.

公司发行了一种固定债券以为其新项目筹集资金。

4.When the company defaulted, holders of fixed debentures were among the first to recover their investments.

当公司违约时，固定债券的持有者是最先收回投资的人之一。

5.A fixed debenture typically offers a higher interest rate than savings accounts.

一种固定债券通常提供比储蓄账户更高的利率。

作文

In the world of finance and investment, understanding various financial instruments is crucial for both investors and companies. One such instrument is the fixed debenture, which plays a significant role in corporate financing. A fixed debenture is a type of debt security that a company issues to raise capital, and it typically comes with a fixed interest rate. This means that the company promises to pay the holder of the fixed debenture a predetermined amount of interest at regular intervals until the maturity date, at which point the principal amount is repaid. This characteristic makes fixed debentures an attractive option for investors seeking stable income. The main advantage of investing in a fixed debenture is the certainty it provides. Investors can rely on receiving regular interest payments, which can help them plan their finances more effectively. Furthermore, since these debentures are often secured against the company's assets, they tend to be less risky than other types of unsecured debt. In the event of a company's liquidation, fixed debenture holders have a higher claim on the company's assets compared to equity shareholders, making it a safer investment choice. However, there are also risks associated with fixed debentures. One major risk is interest rate risk. If market interest rates rise after an investor purchases a fixed debenture, the value of their investment may decline. This is because new bonds might be issued at higher rates, making the older fixed debenture less attractive in comparison. Additionally, if the issuing company faces financial difficulties, there is a risk that it may default on its interest payments or even fail to repay the principal amount at maturity. Therefore, while fixed debentures can provide a reliable income stream, investors must carefully assess the creditworthiness of the issuing company. Another important aspect to consider is the duration of the fixed debenture. These instruments typically have maturities ranging from a few years to several decades. Longer-term fixed debentures may offer higher interest rates, but they also expose investors to greater interest rate risk over time. Conversely, shorter-term fixed debentures may have lower yields but can be less sensitive to interest rate fluctuations. As a result, investors should align their investment horizon with the maturity of the fixed debenture they choose. In conclusion, the fixed debenture serves as an essential tool in corporate finance, allowing companies to secure funding while offering investors a relatively safe investment opportunity. By providing fixed interest payments and a claim on assets in case of liquidation, fixed debentures appeal to those seeking predictable returns. However, potential investors must remain vigilant about the inherent risks, including interest rate fluctuations and the issuer's creditworthiness. Ultimately, understanding the nuances of fixed debentures can empower investors to make informed decisions that align with their financial goals and risk tolerance.

在金融和投资的世界中，理解各种金融工具对投资者和公司来说至关重要。其中一种工具是固定债券，它在企业融资中发挥着重要作用。固定债券是一种公司发行的债务证券，用于筹集资金，通常带有固定的利率。这意味着公司承诺在到期日之前定期向固定债券持有人支付预定金额的利息，届时本金将被偿还。这一特性使得固定债券成为寻求稳定收入的投资者的一个吸引人的选择。投资固定债券的主要优势在于它提供的确定性。投资者可以依赖于定期收到利息支付，这有助于他们更有效地规划财务。此外，由于这些债券通常以公司的资产作为担保，因此它们往往比其他类型的无担保债务风险更小。在公司清算的情况下，固定债券持有者对公司资产的索赔优先于股东，使其成为一种更安全的投资选择。然而，投资固定债券也存在风险。一项主要风险是利率风险。如果在投资者购买固定债券后市场利率上升，他们的投资价值可能会下降。这是因为新债券可能以更高的利率发行，使得旧的固定债券相形见绌。此外，如果发行公司面临财务困难，可能会出现违约风险，甚至未能在到期时偿还本金。因此，虽然固定债券可以提供可靠的收入来源，但投资者必须仔细评估发行公司的信用状况。另一个重要方面是固定债券的期限。这些工具的到期时间通常从几年到几十年不等。长期固定债券可能提供更高的利率，但也使投资者在时间上面临更大的利率风险。相反，短期固定债券可能收益较低，但对利率波动的敏感性较小。因此，投资者应根据他们选择的固定债券的到期时间来调整自己的投资期限。总之，固定债券作为企业融资中的重要工具，使公司能够获得资金，同时为投资者提供相对安全的投资机会。通过提供固定的利息支付和在清算情况下对资产的索赔，固定债券吸引了那些寻求可预测回报的投资者。然而，潜在的投资者必须保持警惕，关注固有的风险，包括利率波动和发行者的信用状况。最终，理解固定债券的细微差别可以使投资者做出与其财务目标和风险承受能力相一致的明智决策。