free bond meaning in English
自由债券
Examples
- At first , if the fluctuation of venture capital value accords with wiener processes , how to achieve appraisal with black - scholes is discussed . secondly , if it doesn " t , real options could be copied by the combination of twin - security and risk - free bond
首先，讨论创业企业价值波动符合维纳过程的情况下，如何利用black - scholes微分方程来实现对其进行估价；其次，若创业企业价值波动不符合维纳过程，就通过符合维纳过程的孪生证券股票和无风险债券的组合来复制实物期权。 - Funds accumulated through investment companies set up in offshore areas can be invested or deposited throughout the world and whilst generally returns or interest payable in respect of these funds will be subject to local taxation , there are a number of offshore areas in which funds may be placed either in tax free bonds or as bank deposits where interest is paid gross
境外公司的另外一个用途是用来控制子公司、联合公司、上市公司、私人公司以及合资项目的投资。在许多情况下，因特殊投资所带来的资本增值可不须交税。另一方面，利用在同缔约国有双重课税协定的无税或低税司法管辖区建立的公司，可以把股息的预扣税大大降低。