后續(xù)投資

　　由一個已對公司進行前期投資的投資者繼續(xù)投資，總的說來是與初始（種子）投資相對應(yīng)。

　　Follow-on/Later Stage

　　A subsequent investment made by an investor who has made a previous investment in the company -- generally a later stage investment in comparison to the initial investment.

　　全部資金

　　用來為生產(chǎn)管理中所需購買生產(chǎn)線、收購其他業(yè)務(wù)所提供的資金，它可以處于公司發(fā)展中的任何階段，資金的來源可以是任何上市公司或私人的企業(yè)。

　　Buyout

　　Funds provided to enable operating management to acquire a product line or business, which may be at any stage of development, from either a public or private company.

　　二購級買

　　從公司現(xiàn)有的股東手中收購股票，而不是直接從發(fā)行股票的公司購買。

　　Secondary Purchase

　　Purchase of stock in a company from a shareholder, rather than purchasing stock directly from the company.

　　種子投資

　　為希望在6個月到1年的期間內(nèi)公開上市的公司進行融資，以支付上市準(zhǔn)備期間所發(fā)生的費用。通常融資是由機構(gòu)組織進行的，以便將來可以從公開發(fā)行的承銷過程中獲得收益回報。

　　Bridge/Mezzanine

　　Financing for a company expecting to go public usually within six months to a year. Often bridge financing is structured so that it can be repaid from proceeds of a public underwriting.

　　首次上市 一家公司首次在股票市場的公開股票發(fā)行。

　　IPO/Initial Public

　　Offering A company's first offering of stock to the public.

　　股權(quán)

　　股權(quán)是所有者對公司興趣所在，以投資者所擁有的股票數(shù)目來體現(xiàn)。

　　Equity

　　Equity is ownership interest in a corporation, represented by the shares of stock which are held by investors.

　　股權(quán)發(fā)放

　　公司通過發(fā)行普通股或優(yōu)先股使投資者獲得股權(quán)來籌集資金。

　　Equity Offerings

　　Raising funds by offering ownership in a corporation through the issuing of shares of a corporation's common or preferred stock.

　　股權(quán)相關(guān)貸款

　　股權(quán)相關(guān)貸款是指可轉(zhuǎn)換為股權(quán)的貸款，或可以以股權(quán)作抵押的貸款。

　　Equity Related Loan

　　Equity related loans are loans convertible into equity ownership or loans collateralized with equity positions.

　　投資銀行

　　投資銀行相當(dāng)于股票承銷人或代理商，作為股票發(fā)行者和投資者之間的媒介。投資銀行家通過再次發(fā)行或協(xié)調(diào)處理前期發(fā)行的股票的分配，維持已經(jīng)發(fā)行股票的市場，或為公司私募尋找買家。

　　Investment Banks

　　An investment banking firm acts as underwriter or agent, serving as intermediary between an issuer of securities and the investing public. Investment bankers handle the distribution of blocks of previously issued securities, either through secondary offerings or through negotiations, maintain markets for securities already distributed, and act as finders in private placements of securities.

　　私募

　　指向小規(guī)模數(shù)量的投資者（通常35個以下）出售股票，此方式可以免除如在美國證券交易委員會（SEC）的注冊程序。投資者要簽署一份投資書聲明，購買目的是投資而不是為了再次出售。

　　Private Placement

　　The sale of securities to a small group of investors (generally 35 or fewer) which is exempt from SEC registration requirements. The investors execute an investment letter stating that the securities are being purchased for investment without a view towards distribution.

　　二次上市

　　指在首次發(fā)行之后的再次公開發(fā)行股票。二次上市可以由股票發(fā)行者進行，也可經(jīng)自公開市場購買而持有此股票的集團發(fā)行。

　　Secondary Public Offering

　　This refers to a public offering subsequent to an initial public offering. A secondary public offering can be either an issuer offering or an offering by a group that has purchased the issuer's securities in the public markets.

　　承銷

　　為公司發(fā)行股票作承銷人，這樣的集團公司可能來自一個財團，實行風(fēng)險共擔(dān)，確保股票成功發(fā)行。股票承銷由兩種組織形式：最佳效果型和嚴(yán)格承諾型。第一種類型，承銷人有購買股票的選擇權(quán)、并有權(quán)決定是否出售股票，如果不成功，可以取消發(fā)行、并放棄一切費用。這種組織形式在投機性強的股票和新公司發(fā)行中應(yīng)用較多。對后一種類型，承銷人要買入發(fā)行者要發(fā)行的全部股票。

　　Underwriting

　　An investment banking firm acting as underwriter sells securities from the issuing corporation to the public. A group of firms may from a syndicate to pool the risk and assure successful distribution of the issue. There are two types of underwriting arrangements: best efforts and firm commitment. With best efforts, the underwriters have the option to buy and authority to sell securities, or if unsuccessful, may cancel the issue and forgo any fees. This arrangement is more common with speculative securities and with new companies.