fiduciary circulation; note circulation

简明释义

纸币流通

英英释义

Fiduciary circulation refers to the process by which financial instruments, such as banknotes or securities, are issued and circulated based on trust and confidence in the issuing authority rather than intrinsic value.

信托流通是指金融工具(如银行票据或证券)根据对发行机构的信任和信心而非内在价值进行发行和流通的过程。

Note circulation specifically pertains to the issuance and circulation of banknotes as legal tender, which are accepted for payment and are backed by the issuing central bank.

票据流通特别指的是作为法定货币的银行票据的发行和流通,这些票据被接受用于支付,并由发行的中央银行提供支持。

例句

1.Investment firms must ensure proper fiduciary circulation 受托流通 to maintain client trust.

投资公司必须确保适当的 fiduciary circulation 受托流通 以维持客户信任。

2.A rise in fiduciary circulation 受托流通 can indicate increased public confidence in financial institutions.

增加的 fiduciary circulation 受托流通 可能表明公众对金融机构的信心增强。

3.The bank reported an increase in fiduciary circulation 受托流通 as more clients trusted them with their investments.

银行报告称,随着更多客户信任他们的投资,fiduciary circulation 受托流通 增加。

4.The government monitors note circulation 纸币流通 to prevent counterfeiting and ensure economic stability.

政府监控 note circulation 纸币流通 以防止伪造并确保经济稳定。

5.Understanding note circulation 纸币流通 is crucial for economists when analyzing inflation rates.

理解 note circulation 纸币流通 对经济学家分析通货膨胀率至关重要。

作文

In the realm of finance and economics, the concepts of fiduciary circulation and note circulation play crucial roles in understanding how money flows within an economy. Fiduciary circulation refers to the circulation of currency that is not backed by a physical commodity, such as gold or silver, but rather derives its value from the trust and confidence that individuals and institutions place in the issuing authority. This type of currency is prevalent in modern economies, where fiat money is used extensively for transactions. On the other hand, note circulation pertains specifically to the movement of banknotes or paper currency within the economy. It encompasses the issuance, distribution, and use of these notes in everyday transactions.Understanding fiduciary circulation is essential for grasping how contemporary monetary systems operate. Unlike commodity money, which has intrinsic value, fiduciary money relies solely on the belief that it will be accepted as a medium of exchange. This reliance on trust means that the stability of a currency can be influenced by various factors, including government policies, economic conditions, and public perception. For instance, during times of economic uncertainty, people may lose faith in the value of their currency, leading to inflation or even hyperinflation, where prices skyrocket, and the currency loses its purchasing power.In contrast, note circulation involves the physical aspects of currency management. It includes how banknotes are printed, distributed, and eventually retired when they become too worn or damaged. Central banks play a pivotal role in this process, ensuring that there is enough currency in circulation to meet the demands of the economy while also controlling inflation. Effective management of note circulation is vital for maintaining public confidence in the financial system. If there are too few notes in circulation, it can lead to deflation, where prices drop, and economic activity slows down. Conversely, an overabundance of notes can result in inflation, eroding the value of money.The interplay between fiduciary circulation and note circulation highlights the complexities of modern monetary policy. Policymakers must carefully balance these two aspects to ensure economic stability. For example, during a financial crisis, central banks may inject liquidity into the system by increasing note circulation, thereby providing banks with more cash to lend. This action can help stimulate economic activity and restore confidence in the financial system. However, if this increase in note circulation is not managed properly, it could lead to inflationary pressures, undermining the very stability that policymakers seek to achieve.In conclusion, both fiduciary circulation and note circulation are integral components of a functioning economy. They reflect the trust that individuals place in their currency and the mechanisms that govern the flow of money. As we navigate the complexities of global finance, a deeper understanding of these concepts will enable us to appreciate the delicate balance required to maintain economic stability and growth. Ultimately, the success of any monetary system hinges on the effective management of these circulations, ensuring that trust in the currency remains intact and that the economy can thrive.

在金融和经济领域,信托流通纸币流通的概念在理解货币如何在经济中流动方面发挥着关键作用。信托流通是指不以实物商品(如黄金或白银)为基础的货币流通,而是源于个人和机构对发行当局的信任和信心。这种类型的货币在现代经济中普遍存在,法定货币被广泛用于交易。另一方面,纸币流通则特别涉及纸币在经济中的流动,包括这些纸币的发行、分配和在日常交易中的使用。理解信托流通对于掌握当代货币体系的运作至关重要。与有内在价值的商品货币不同,信托货币完全依赖于人们相信其会被接受作为交换媒介。这种对信任的依赖意味着货币的稳定性可能受到各种因素的影响,包括政府政策、经济条件和公众看法。例如,在经济不确定时期,人们可能会失去对货币价值的信心,从而导致通货膨胀甚至恶性通货膨胀,价格飙升,货币购买力下降。相反,纸币流通涉及货币管理的物理方面。它包括纸币的印刷、分配以及在纸币过于磨损或损坏时的退役。中央银行在这个过程中发挥着关键作用,确保流通中有足够的货币以满足经济的需求,同时控制通货膨胀。有效管理纸币流通对维护公众对金融体系的信心至关重要。如果流通中的纸币太少,就会导致通货紧缩,价格下跌,经济活动放缓。相反,纸币过多可能导致通货膨胀,侵蚀货币的价值。信托流通纸币流通之间的相互作用突显了现代货币政策的复杂性。政策制定者必须仔细平衡这两个方面,以确保经济稳定。例如,在金融危机期间,中央银行可能通过增加纸币流通向系统注入流动性,从而为银行提供更多现金进行贷款。这一举措可以帮助刺激经济活动,恢复对金融体系的信心。然而,如果这种纸币流通的增加管理不当,可能会导致通货膨胀压力,破坏政策制定者所寻求实现的稳定。总之,信托流通纸币流通都是一个正常运作的经济体的重要组成部分。它们反映了个人对货币的信任以及管理货币流动的机制。在我们应对全球金融的复杂性时,对这些概念的深入理解将使我们更好地欣赏维持经济稳定和增长所需的微妙平衡。最终,任何货币体系的成功都取决于对这些流通的有效管理,确保对货币的信任保持不变,经济能够蓬勃发展。

相关单词

circulation

circulation详解:怎么读、什么意思、用法