Preface

　　—A 5-point statement from the compilers

　　Major Uses

　　What are the principal uses of this book?

　　At least two uses are obvious. One is to facilitate the teaching of “College English for Western Finance” by young teachers. The other is to help the advanced students or learners of financial English or basic western finance to enrich, widen and deepen their knowledge and understanding acquired from the book of “College English for Western Finance” as well as better their mastery of the corresponding financial English.

　　Prospective Beneficiaries

　　Who can have a high payoff by using this book?

　　In the opinion of the compilers, four groups of people will highly profit from studying this book: (1)?those who are interested in teaching financial English; (2)?those who attempt to offer a translation course relating to western finance; (3)?those who have the ambition to teach in English basic western finance, and (4)?advanced students who are hungry for taking in more knowledge of western finance and are desirous of improving their mastery of financial English.

　　Organizational Structure

　　How is this book organized?

　　It is organized into 3 big parts: the first part is an introduction which touches on suggested methods for teaching “College English for Western Finance”, how to make a good use of the supplementary reading materials attached to the main texts; test designing, rethinking on translation; comparison between American English and British English; similarities and dissimilarities between English and Chinese, and a detailed syllabus for teaching basic western finance; the second part consists of two big units which include the Chinese translation of the main texts of “College English for Western Finance” and the necessary additional reading materials on the subjects discussed in the main texts; the last part is appendices which include an English glossary of commonly-used financial terms and major references the compilers have turned to in compiling this book.

　　Striking Features

　　What are the striking features of this book?

　　The following lists some of the most obvious characteristics of this book:

　　1. Carrying a couple of our latest English essays on the learning of English which include one on translation, one on comparison between BrE and AmE and one on the similarities and dissimilarities between Chinese and English. Hopefully they will be of some use to English learners in their study of the English language relating to Finance.

　　2. Emphasizing the importance of learning the main texts by providing their full Chinese equivalents for those attempting to teach translation relating to finance and those wanting to test their comprehension of the main texts.

　　3. Touching on some hot spots of global finance, such as FRS’ QE3 monetary policy(第三輪量化寬松貨幣政策), U.S. operation twist(扭轉操作), European debt crisis, financial regulation and management.

　　4. Authentic and Comprehensive introduction to the London Stock Exchange.

　　Acknowledgements

　　No book is the effort of a single person. The student’s book and the teacher’s book on Western Finance are no exceptions.

　　First, we would like to thank professor Chang Tien-Huai and our daughter for their support and assistance given in the process of compiling this book.

　　Finally we would like to express our great gratitude to Song Hai-Lin and Li Li at the University of International Business and Economics Press whose encouragement and farsightedness have made possible the publication of our two recent books on western basic finance.