金融英语

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金融英语

金融英语

mortgage抵押barter物物交换rates of exchange汇率credit union信用社double coincidence of wants需求双重巧合stock index股票指数surplus unit资金盈余单位deficit unit资金短缺单位 a means of payment for goods购货的支付手段repayment of debts债务偿还interest rate fluctuation利率波动financial asset金融资产money supply货币供给checking account支票账户Federal Reserve note联邦票据Federal Reserve bank联邦银行market mutual funds市场互助资金overnight loans隔夜贷款financial institution金融机构economic life经济生活be converted into转换成 a medium of exchange交换媒介unit of account记账单位stock market股票市场circulate流通,发行suspend使中止quota配额,定额,限额agreement协定,协议redeem将(纸币)兑换成硬币,用(股票等)兑取现金inflation通货膨胀,(物价)暴涨appreciate增值,涨价surveillance看守,监视,监督,检查International Monetary System国际货币体系balance of payments收支平衡International Monetary Fund (IMF)国际货币基金(组织) Bretton Woods System布雷顿森林体系The General Agreement on Tariffs and Trade(GATT)关贸总协定par value面值IMF system国际货币基金体系paper gold/SDRs纸黄金/特别提款权favorable payments balances国际收支顺差the gold standard金本位The Jamaica System牙买加体系Plaza Agreement广场协议Louvre Accord卢浮宫协议European Monetary System欧洲货币体系security证券denomination(货币)计值单位,面额commission佣金marketable适于销售的auction拍卖yield收益,回报default违约secure抵押,担保acceptance承兑fraudulent欺诈的fixed interest income固定利息收入bearish market 熊市bullish market牛市risk/return tradeoff风险回报考量mutual fund互助资金coupon bonds息票债券compound bonds复利time deposit定期存款tie up占用,冻结secondary market二级市场account receivable应收账款money market investment货币市场投资cash investment现金投资money market instrument货币市场工具Treasury Bills(T-bills)国债,国库券certificate of deposit(CD)大额存单commercial paper商业票据bankers’ acceptance银行承兑汇票Eurodollars欧洲美元repo回购协议dividend红利,股息hedge套期保值opportunity cost机会成本preferred stock优先股real assets不动产common stocks普通股EPS(Earning Per Share)每股收益fall short of不符合,达不到investment decision投资决策real interest rate实际利率excepted returns预期回报personal risk个人风险timing risk时机风险tenure risk时期风险company risk公司风险financial risk财务风险management risk管理风险market risk市场风险liquidity risk流动风险interest risk利率风险inflation risk通货膨胀风险exchange rate risk汇率风险reinvestment risk再投资风险national and international risk国家和国际风险economic risk经济风险industry risk工业风险tax risk税收风险political risk政治风险impact作用,影响survival生存havoc破坏,混乱unpredictability不可预期swap掉期,互换,做交易subsidiary子公司,辅助物indebtedness亏欠,欠债invoice发票,开发票offset抵消,冲销,补偿monetary units货币单位foreign currency外币in the absence of缺少,如果没有forward foreign exchange market远期外汇市场foreign currency swap外汇掉期spot transaction即期交易forward transaction远期交易parent company母公司home currency本币forward delivery远期交割set off抵消,抵补citizenship公民credit贷记debit借记reserve储备resident居民multinational corporations跨国公司balance of payments国际收支double-entry bookkeeping复式记账法capital and financial account资本与金融账户investment income投资收益tangible trade有形贸易trade deficit贸易赤字trade surplus贸易盈余intellectual properties知识产权capital inflow资本流入capital outflow资本流出portfolio investment间接投资,(有价)证券投资money market instruments货币市场工具official reserve assets官方储备资产foreign direct investment(FDI)外国直接投资address开立order指定的人bearer来人affiliate分支机构remittance汇款collection托收present提示cash兑现withdraw提取protest做拒绝证书round整数的bill of exchange汇票sight draft即期汇票arrival draft货到付款汇票time draft远期汇票grace period宽限期be bound to一定的,必定的collecting bank代收行remitting bank托收行crossed cheque划线支票open cheque现金支票traveler’s cheque旅行支票in one’s presence当某人面Traveler’s Letter of Credit旅行信用证Economists define money(or equivalently, the money supply)as anything that is generally accepted in repayment for goods or services or in repayment for debts.经济学家将货币(或货币供给)定义为在商品或服务的支付中或在偿还债务中被普遍接受的任何东西。

《金融英语》习题答案unit1-10

《金融英语》习题答案unit1-10

“高职高专商务英语专业规划教材”Unit 1 Financial Market Research练习参考答案I.Read through the text and answer the following questions.1.A financial market is a mechanism that allows people to easily buy andsell (trade) financial securities (such as stocks and bonds), commodities (such as precious metals or agricultural goods), and other fungible items of value at low transaction costs and at prices that reflect the efficient-market hypothesis.2.The raising of capital ;the transfer of risk and international trade3.Capital markets,commodity markets,money markets, derivative markets,insurance markets and foreign exchange markets .4.Financial markets fit in the relationship between lenders andborrowers.5.Individuals, companies, governments, municipalities and publiccorporations.II. Paraphrase the following expressions or abbreviations and translate them into ChineseCheck the answers from the Special Term Lists.III. Fill in the blanks with the proper wordsThe global financial crisis, brewing for a while, really started to show its effects in the middle of 2007 and into 2008. Around the world stock markets have fallen, large financial institutions have collapsed or been bought out, and governments in even the wealthiest nations have had to come up with rescue packages to bail out their financial systems.On the one hand many people are concerned that those responsible for the financial problems are the ones being bailed out, while on the other hand, a global financial meltdown will affect the livelihoods of almost everyone in an increasingly inter-connected world. The problem could have been avoided, if ideologues supporting the current economics models weren’t so vocal, influential and inconsiderate of others’ viewpoints and concerns.IV.Translation.1.金融市场包括很多方面,包括资本市场,华尔街,甚至是市场本身。

金融英语词汇大全

金融英语词汇大全

金融英语词汇a flat percentage rate of income 统一比率的所得税税率。

a long position 多头部位,利多形势。

a long position 多头寸;买进的期货合同。

a put option on a debt security 债务证券的卖出期权。

a sales slip 签购单据,售货清单。

a short position 空头部位,短缺头寸。

a short position 空头;卖出的期货合同。

a tax return 税务申报表。

abnormal depreciation 特别折旧。

abnormal spoilage 非正常损坏。

aboriginal cost 原始成本。

acceptance bank 票据承兑行acceptance method 承兑方式。

acceptance risks 承兑风险。

accepting bank 承兑银行accessory risks 附加保险,附加险。

accident insurance 意外保险。

(不包括海上,火灾和人寿保险)。

accommodation of funds 资金融通。

accompany vt. 附带,伴随,陪同account charges 账户费用account current (A/C,a/c) 往来帐户account number (A/N) 帐号account statement 帐户清单accounting exposure 会计风险。

accounting risks 会计风险。

accounting value 帐面价值。

accounts of assured 保险帐户。

accrued bond interest 应计债券利息accrued depreciation 应计折旧。

accrued dividend 应计股利acknowledgement of declaration (under op预约保险申报确认书。

金融英语试题及答案

金融英语试题及答案

金融英语试题及答案一、选择题(每题2分,共20分)1. The term "equity" in finance refers to:A. DebtB. Ownership interest in a companyC. A type of loanD. A financial statement2. Which of the following is not a type of financial derivative?A. FuturesB. OptionsC. StocksD. Swaps3. The process of evaluating the creditworthiness of a borrower is known as:A. Credit analysisB. Market analysisC. Risk managementD. Portfolio management4. In the context of finance, what does "leverage" mean?A. The use of borrowed funds to increase the potential return of an investmentB. The ratio of a company's assets to its liabilitiesC. The process of selling securities to the publicD. The ability to buy or sell securities without owningthem5. A bond that pays no periodic interest but is issued at a discount to its face value is called:A. A zero-coupon bondB. A coupon bondC. A convertible bondD. A junk bond6. Which of the following is a measure of a company's ability to meet its short-term obligations?A. Current ratioB. Debt-to-equity ratioC. Return on equity (ROE)D. Earnings per share (EPS)7. The term structure of interest rates refers to the relationship between:A. The risk of an investment and its expected returnB. The maturity of a debt instrument and its yieldC. The size of a company and its market shareD. The economic cycle and the stock market performance8. A financial instrument that allows the holder to buy or sell an asset at a specified price within a specific time period is known as:A. A futureB. A forwardC. An optionD. A swap9. In finance, the term "carry trade" refers to:A. Borrowing money at a low interest rate to invest in a higher-yielding assetB. The practice of selling securities shortC. The strategy of buying and holding stocks for long periodsD. The process of hedging against currency fluctuations10. The primary market is where:A. Securities are first offered to the publicB. Securities are traded after they have been issuedC. Companies buy back their own sharesD. Investors can purchase commodities二、填空题(每空1分,共10分)11. The ________ is the difference between the bid price and the ask price of a security.12. A ________ is a financial institution that accepts deposits and provides loans.13. The ________ is the process of buying and selling securities on the same day.14. The ________ is the risk that the value of an asset will decrease due to market conditions.15. A ________ is a financial statement that shows a company's financial performance over a specific period.16. The ________ is the risk that a borrower will not repay a loan.17. A ________ is a type of investment fund that pools money from many investors to purchase a diversified portfolio of assets.18. The ________ is the potential for an asset's value toincrease or decrease.19. The ________ is the process of determining the value of a business or business assets.20. A ________ is a financial instrument that represents ownership in a company.三、简答题(每题5分,共30分)21. Explain the concept of "leverage" in finance.22. What is the difference between a "mutual fund" and a "hedge fund"?23. Describe the role of a "stock exchange" in the financial markets.24. What is "risk management" and why is it important in finance?四、论述题(每题20分,共40分)25. Discuss the impact of "inflation" on different types of investments.26. Analyze the importance of "corporate governance" in ensuring the long-term success of a company.答案:一、1. B2. C3. A4. A5. A6. A7. B8. C9. A10. A二、11. Spread12. Bank13. Day trading14. Market risk15. Income statement16. Credit risk17. Mutual fund18. Volatility19. Valuation20. Stock三、21. Leverage in finance refers to the use of borrowed money to finance investments, with the goal of increasing potential returns. However, it。

金融英语翻译

金融英语翻译

金融用英语怎么说finance和banking都是金融的英语。

1、finance。

读音:英[ˈfaɪnæns];美[fəˈnæns, faɪ-, ˈfaɪˌnæns]。

词性:n.和vt.。

做名词时意为金融,作动词时意为为…供给资金,从事金融活动;赊货给…;掌握财政。

变形:过去式:financed;过去分词:financed;现在分词:financing;第三人称单数:finances。

例句:The finance minister will continue to mastermind Poland's eco nomic reform.翻译:财政部长将继续策划波兰的经济改革。

2、banking。

读音:英[ˈbæŋkɪŋ];美[ˈbæŋkɪŋ]。

词性:n.和v.。

做名词时意为金融,做动词时意为堆积(bank的现在分词);筑(堤);将(钱)存入银行;(转弯时)倾斜飞行。

例句:His government began to unravel because of a banking scand al.翻译:他的政府由于一起金融丑闻而开始瓦解。

扩展资料金融的常见英文词组:financial ratios、financial stringency、financial ref orm。

1、financial ratios。

释义:财务比率。

中文解释:财务比率是财务报表上两个数据之间的比率,这些比率涉及企业管理的各个方面。

例句:Ratio analysis is the process of determining and evaluating fin ancial ratios.翻译:比率分析是指对财务比率进行决定和评价的过程。

2、financial stringency。

发音:[faɪˈnænʃ(ə)l ˈstrindʒənsi]。

释义:金融呆滞。

金融英语单词

金融英语单词

金融英语单词1、Investment banking 投资银行2、Invest 投资3、Investor 投资者4、Speculate 投机5、Speculator 投机者6、Speculation 投机交易7、Surplus 盈余;顺差8、Budget surplus 预算盈余9、Trade surplus 贸易顺差10、Deficit 赤字;不足额11、Government deficit 政府赤字12、Trade deficit 贸易逆差13、Balance of payment 国际收支14、Strategy 战略;策略15、Strategic 战略上的,战略的16、Strategist 战略家,军事家17、Analyze vt.分析,研究18、Analysis n.分析19、Analyst 分析师20、Chief executive officer (CEO) 首席执行官;总裁21、Infrastructure 基础设施22、Standard of living 生活水平;生活标准23、Public transportation 公共交通;公共运输24、Mass transit 大众运输25、Incentive 动机;刺激;诱因26、Supply demand 供给需求27、Policyholder 投保人28、Rate of return 收益率29、Expected rate of return 预期收益率30、Interest 利息31、Interest rate 利率32、Dividend 股息,红利33、Profit 利润34、Loss 缺失35、Financial intermediary 金融中介机构36、Primary market 一级市场37、Secondary market 二级市场38、Financial instrument 金融工具39、Trust company 信托公司40、Credit union 信用合作社41、Mutual funds 共同基金42、Mortgage broker 贷款经纪人43、Pension fund 养老基金44、Insurance company 保险公司45、Venture capital Company 风险投资公司46、Joint venture 合资企业,联合经营47、Stock exchange 证券交易所48、Transaction 交易49、Listed company 上市公司50、Commodity 商品;期货51、Crude oil 原油52、Physical market 现货市场53、Intangible (notional) market 无形市场54、Nasdaq 纳斯达克55、Over the counter market OTC 场外交易场所56、Debt 债务;负债57、Equity 权益;股本58、Share 股份59、Stock 股票60、Common share 一般股61、Preferred share 优先股62、Money market 货币市场63、Capital market 资本市场64、Banker’s acceptance 银行承兑65、Commercial paper 商业票据66、Operating bank loan 营业贷款67、Marketability 适销性68、Liquidity 流淌性;变现能力69、Liquid 流淌70、Security 证券71、Broker 经纪人72、Brokerage 回扣;佣金73、Capital structure 资本结构74、Corporation 股份公司75、Default 违约76、Derivatives 金融衍生品77、Market maker 做市商78、Market risk 市场风险79、Offer (ask) 出售报价80、Bid 买入81、Portfolio 投资组合[pɔ:t'fəuljəu, ,pəut-]82、Price transparency 价格透亮度83、Private placement 私募配售84、Risk averse 规避风险85、Risk premium 风险溢价86、Risk profile 风险分析图87、Bankrupt 破产88、Bankruptcy 破产89、Asset 总资产90、Liability 责任;负债91、Face value, par 面值92、Principal 本金93、Maturity 到期94、Coupon rate 票面利率95、Discount 贴现96、Premium 溢价;盈利;升水['pri:miəm]97、Current yield 当期收益率98、Yield to maturity YTM 到期收益率99、Issuer 发行人;证券发行者100、Rating agency 评级公司101、Standard & Poor’s 标普102、Moody’s 穆迪103、Fitch 惠誉评级104、Bonds 债券105、Corporate bond 公司债券106、Municipal bond 市政债券;地点债券107、Convertible bond 可转债108、Zero coupon bonds 零息债券109、Junk bonds 垃圾债券110、Bull market 牛市111、Bear market 熊市112、Capital gain 资本利得113、Capital loss 资本缺失114、Credit risk 信用风险115、Fixed interest rate 固定利率116、Floating interest rate 浮动利率117、Foreign bonds 外国债券118、International bonds 国际债券119、Yield 收益(率)120、Yield curve 收益曲线121、Initial public offering IPO 首次公布发行122、American depositary shares ADS 美国存托股票123、American depositary receipt ADR 美国存托凭证124、Blue chip 蓝筹股125、Red chip 红筹股126、Growth stock 增长型股票127、Value stock 价值型股票128、Over valued 高估129、Under valued 低估130、Fundamental analysis 差不多分析131、Technical analysis 技术分析132、Business cycle 经济周期;商业周期133、Recovery 复苏时期134、Booming 繁荣时期135、Recession 衰退时期136、Depression 萧条时期137、The Great Depression 大萧条138、Financial statement (report) 财务报表139、Balance sheet 资产负债表140、Income statement 损益表141、Revenue 收入142、Outstanding 逾期未付143、Earnings per share EPS 每股收益144、Gross domestic product GDP 国内生产总值145、Gross national product GNP 国民生产总值146、Inflation rate 通胀率147、Merger and acquisition 并购148、Multinational Corporation 跨国公司149、Payout ratio 派息率150、Price earnings ratio P/E ratio 市盈率,本益比151、Private company 私人持股公司152、Public company 股票上市公司153、Stock symbols 证券交易代码154、Listing 挂牌;上市155、Delisting 退市156、Index 指数157、Indicator 指标158、Syndicate 银团159、Underwriting 承销160、Future 期货161、Option 期权162、Put option 看跌期权163、Call option 看涨期权164、Forward 远期165、Swap 互换;掉期166、Underlying commodity 基础商品167、Counterparty risk 交易对手违约风险168、Foreign exchange risk 外汇风险169、Sovereign risk 主权风险;政治风险170、Insurance 保险171、Life insurance 人身保险;人寿险172、Property insurance 财产保险173、Automobile insurance 汽车保险174、Money laundering 洗钱['lɔ:ndəriŋ, 'lɑ:n-]。

金融英语课件

金融英语课件
• 金匠发现在为客户保护货币时,存款 和取款往往相互冲销,这样保留在保险 箱的存款余额还算是稳定。
金融英语
• 8.The system of keeping one’s money on deposit with the goldsmith was safer than leaving money where it could be easily stolen, but it was a bit nuisance to have to visit the goldsmith each time money needed.
• 交易中介是交换所出售商品和服务时被 普遍接受的任何东西。玉米不是最终的 交换物而是最终交换物的中介。
金融英语
• 5 . Rather than having to quote rate of exchange for each good in terms of every other good, as was the case in the barter economy, the price of everything could be measured in terms of corn.
• rate of inflation 通货膨胀率 scarce resources 稀缺资源
• social cost of funds 资 金 的 社 会 成 本 credit institution 信贷机构
• principal 资金 本金 基本财产 denomination
面值
金融英语
• 1. In any economy in which decision by individual economic units play a major role, interest rates perform several important function through which they exercise a pervasive influence over economic decision and performance, similar in scope to the influence of other economy-wide prices such as the exchange rate and the basic wage rate.

金融英语词汇大全

金融英语词汇大全

金融英语词汇大全1. Introduction金融英语是指与金融相关的英语表达和词汇。

在全球化的经济和金融市场中,金融英语的学习和应用显得尤为重要。

本文将为您提供一个综合的金融英语词汇大全,帮助您更好地了解和应用金融英语。

2. Banking and Finance2.1 基本金融词汇•Bank - 银行•Deposit - 存款•Withdraw - 取款•Account - 账户•Transaction - 交易•Credit - 信贷•Debit - 借记•Interest - 利息•Loan - 贷款•Invest - 投资•Exchange - 兑换•Stock - 股票•Bond - 债券•Mortgage - 抵押贷款•Insurance - 保险•Asset - 资产•Liability - 负债•Interest Rate - 利率•Inflation - 通货膨胀•Market - 市场•Economy - 经济•Currency - 货币•Exchange Rate - 汇率2.2 金融机构和职位•Banker - 银行家•Investor - 投资者•Broker - 经纪人•Accountant - 会计师•Economist - 经济学家•Trader - 交易员•Analyst - 分析师•Auditor - 审计员•Financial Planner - 理财规划师•Risk Manager - 风险经理•Asset Manager - 资产经理•Underwriter - 承销商•Teller - 出纳员2.3 金融活动和操作•Open an Account - 开户•Close an Account - 销户•Make a Deposit - 存款•Withdraw Money - 取钱•Transfer Funds - 转账•Take out a Loan - 借款•Pay off a Loan - 还款•Invest in Stocks - 投资股票•Buy Bonds - 购买债券•Trade on the Stock Market - 在证券市场交易•Issue Shares - 发行股票•Apply for Insurance - 申请保险•Calculate Interest - 计算利息•Analyze Financial Statements - 分析财务报表•Audit Financial Records - 审计财务记录•Manage Risk - 管理风险•Plan for Retirement - 规划退休3. Investment and Trading3.1 投资和交易相关词汇•Portfolio - 投资组合•Dividend - 股息•Capital Gain - 资本收益•Hedge Fund - 对冲基金•Short Sell - 卖空•Day Trading - 日内交易•Leverage - 杠杆•Margin - 保证金•Diversification - 分散化投资•Blue-chip Stock - 蓝筹股•Bull Market - 牛市•Bear Market - 熊市•Volatility - 波动性•Volatility Index (VIX) - 波动率指数•Option - 期权•Futures - 期货•Commodity - 商品•Exchange-traded Fund (ETF) - 交易所交易基金3.2 金融市场•Stock Market - 股票市场•Bond Market - 债券市场•Forex Market - 外汇市场•Commodity Market - 商品市场•Derivatives Market - 衍生品市场•Cryptocurrency Market - 加密货币市场4. Risk Management4.1 风险管理相关词汇•Risk - 风险•Risk Assessment - 风险评估•Risk Tolerance - 风险承受能力•Risk Appetite - 风险偏好•Risk Mitigation - 风险缓解•Risk Diversification - 风险分散•Credit Risk - 信用风险•Market Risk - 市场风险•Operational Risk - 运营风险•Systemic Risk - 系统性风险•Liquidity Risk - 流动性风险•Reputation Risk - 声誉风险•Counterparty Risk - 对手方风险•Risk Management Plan - 风险管理计划•Risk Control - 风险控制5. Conclusion通过阅读和学习这个金融英语词汇大全,您已经了解了金融英语中最常用的词汇和表达方式。

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Intermediaries

The primary distinction between the two channels is that, in the first case, i.e. direct financing, the investor is faced directly with the credit risk of the issuer, while in the second case, i.e. financing through financial intermediation, a financial institution, such as a bank, interjects itself between users and providers of funds. Any analysis of the sector of money market dominated by financial intermediaries must be very much concerned with these financial institutions themselves (their policies, financial conditions and official regulatory environment) in addition to those factors governing the suppliers and users of funds.
1.2

Functions

Apart from borrowing from banks, a firm or an individual can obtain funds in a financial market in two ways. The most common method is to issue a debt instrument, such as a bond or a mortgage, which is a contractual agreement by the borrower to pay the holder of the instrument fixed amounts at regular intervals (interest and principal payments) until a specified date (the maturity date), when a final payment is made.

International financial transactions include purchases and sales of foreign currency, securities, gold bullion, and lending and borrowing.

Foreign exchange market deals with the exchanges of different means of payment. These exchanges are necessary for international capital flows. As the relative values among different currencies (the exchange rates) will fluctuate according to economic and political circumstances of the currencies of the relative countries, international investors or financiers face exchange risks. To this end, foreign exchange markets provide services, such as forward transactions and foreign currency futures to eliminate such risks.



The second method of raising funds is by issuing equities, such as common stock, which are claim to share in the net income (income after expenses and taxes) and the assets of a business. Equities usually earn periodic payment (dividends) and are considered longterm securities because they have no maturity date. A primary market is a financial market in which new issues of a security, such as a bond or a stock, are sold to initial buyers by the corporation or government agency borrowing the funds. A secondary market is a financial market in which securities that have been previously issued (and are thus secondhand) can be resold. The primary market for securities is not well known to the public because the selling of securities to initial buyers take place behind doors. An important financial instrument that assists in the initial sale of securities in the primary market is the investment bank. It does this by underwriting securities, that is, it guarantees a price for a corporation’s securities and then sells them to the public.
Intermediaries
Fund Flows via Intermediary
Markets
Surplus Units
Deficit Units
Intermediaries
Funds Flow: Secured Credit
Markets
Poor Credit Risk
Surplus Units Deficit Units
Part Ⅰ Financial Markets
Chapter 1 Chapter 2 Chapter 3 Chapter 4 Functions of Financial Markets Money Markets Capital Markets Foreign Exchange Markets
Chapter 1 Functions of Financial Markets


When an investor purchases the securities issued by ultimate borrowers (those who use the funds to invest in real assets), capital market operations for equities, bonds would fall largely into this category. When an investor chooses to invest in the obligations of financial intermediaries, which in turn lend the funds to those who invest in real assets, they are operations in money market for term deposits and loans, interbank transactions of such nature.


1.1 Significance
Money is any token or commodity that is generally acceptable as a means of payment for goods and services . Capital: means resources someone own Q: Money is all your capital, isn’t it? Finance The word “finance” signifies capital in monetary form, that is, in the form of funds lent or borrowed, normally for capital purposes, through financial markets or financial institutions. When finance goes international, it is then an international finance.


A corporation acquires new funds only when its security are first sold in the primary market. The secondary market serves two important functions. First, financial instruments are more liquid. The increased liquidity of the instruments makes them more desirable and thus easier for the issuing firm to sell in the primary market. Second, they determine the price of the security that the issuing firm sells in the primary market. The firms that buy securities in the primary market will pay the issuing corporation no more than the price that they think the secondary market will set for this security.
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