mark to market / mark-to-market

简明释义

按市价计值

英英释义

例句

1.Investors must be aware that mark-to-market 按市值计价 can lead to significant fluctuations in reported earnings.

投资者必须意识到按市值计价 mark-to-market 可能导致报告收益的大幅波动。

2.During the financial crisis, many companies faced challenges with mark to market 按市值计价 accounting rules.

在金融危机期间，许多公司在按市值计价 mark to market 会计规则方面面临挑战。

3.The financial institution uses mark to market 按市值计价 to assess the value of its trading portfolio daily.

金融机构每天使用按市值计价 mark to market 来评估其交易组合的价值。

4.For accurate financial reporting, companies often rely on mark to market 按市值计价 valuations.

为了准确的财务报告，公司通常依赖于按市值计价 mark to market 估值。

5.The hedge fund adjusted its asset values using mark-to-market 按市值计价 methods to reflect current market conditions.

对冲基金使用按市值计价 mark-to-market 方法调整其资产价值，以反映当前市场状况。

作文

In the world of finance, the term mark to market refers to the accounting practice of valuing an asset based on its current market price rather than its book value. This method is particularly relevant in volatile markets where asset prices can fluctuate significantly over short periods. By using mark to market, companies can provide a more accurate picture of their financial health and the actual value of their assets. For instance, if a company holds stocks that have dramatically increased in value, applying mark to market would allow it to report these higher values on its balance sheet, reflecting the true worth of its investments.However, this practice is not without its challenges. One major concern is the potential for volatility in reported earnings. Since asset prices can change rapidly, a company's profits can appear to swing wildly from one reporting period to the next. This can mislead investors who may not fully understand the implications of mark to market accounting. For example, during a financial crisis, the value of certain assets may plummet overnight, leading to significant losses on paper, even if the company has not sold those assets yet. This situation raises questions about the reliability of reported earnings and can lead to panic among investors.Another important aspect of mark to market is its role in risk management. Financial institutions, such as banks and hedge funds, often use this method to assess their exposure to various risks. By regularly adjusting the value of their assets to reflect current market conditions, these institutions can make more informed decisions about their investment strategies and risk exposure. This proactive approach helps them to mitigate potential losses and maintain financial stability.Moreover, mark to market accounting is especially crucial for derivative instruments, which can be complex and highly sensitive to market fluctuations. Derivatives are contracts whose value is derived from the performance of an underlying asset, such as stocks or commodities. The ability to accurately value these instruments in real-time through mark to market accounting is essential for traders and investors to manage their portfolios effectively.Despite its advantages, mark to market accounting has faced criticism, particularly during periods of economic instability. Critics argue that it can exacerbate financial crises by forcing companies to recognize losses that may not reflect their long-term viability. During the 2008 financial crisis, for example, many companies were forced to write down the value of their assets, leading to a cascade of negative effects throughout the financial system. This has led to calls for more conservative accounting practices that prioritize stability over real-time valuations.In conclusion, mark to market is a vital concept in modern finance that provides a framework for valuing assets based on current market realities. While it offers a more accurate representation of a company's financial position, it also introduces volatility and potential misinterpretation of financial health. As the financial landscape continues to evolve, understanding the implications of mark to market accounting will remain essential for investors, regulators, and financial professionals alike. It is crucial to strike a balance between transparency and stability, ensuring that financial reporting reflects both current market conditions and the long-term outlook of companies.

在金融世界中，术语mark to market指的是一种会计实践，根据当前市场价格而非账面价值对资产进行估值。这种方法在资产价格可能在短时间内大幅波动的动荡市场中特别相关。通过使用mark to market，公司可以提供其财务健康状况和资产实际价值的更准确的图景。例如，如果一家公司持有的股票大幅增值，应用mark to market将使其能够在资产负债表上报告这些更高的价值，反映其投资的真实价值。然而，这种做法并非没有挑战。一个主要问题是报告收益的波动性。由于资产价格可能迅速变化，公司的利润可能在一个报告期到下一个报告期之间大幅波动。这可能会误导投资者，他们可能未完全理解mark to market会计的含义。例如，在金融危机期间，某些资产的价值可能在一夜之间暴跌，导致纸面上的重大损失，即使公司尚未出售这些资产。这种情况引发了对报告收益可靠性的质疑，并可能导致投资者恐慌。mark to market的另一个重要方面是其在风险管理中的作用。金融机构，如银行和对冲基金，通常使用这种方法来评估它们面临的各种风险。通过定期调整资产的价值以反映当前市场条件，这些机构可以更明智地决定其投资策略和风险敞口。这种主动的方法帮助它们减轻潜在损失并保持财务稳定。此外，mark to market会计对于衍生工具尤其至关重要，这些工具可能复杂且对市场波动高度敏感。衍生品是其价值来源于基础资产（如股票或商品）表现的合同。通过mark to market会计实时准确地评估这些工具的能力，对于交易员和投资者有效管理他们的投资组合至关重要。尽管有其优势，mark to market会计在经济不稳定时期也面临批评。批评者认为，它可能通过迫使公司承认可能不反映其长期生存能力的损失而加剧金融危机。在2008年的金融危机期间，例如，许多公司被迫减记其资产价值，导致金融系统的负面影响连锁反应。这引发了对更保守的会计实践的呼声，优先考虑稳定而非实时估值。总之，mark to market是现代金融中的一个重要概念，为基于当前市场现实的资产估值提供了框架。虽然它提供了公司财务状况的更准确表示，但也引入了波动性和对财务健康的潜在误解。随着金融环境的不断发展，理解mark to market会计的影响将对投资者、监管者和金融专业人士至关重要。在透明度与稳定性之间找到平衡至关重要，确保财务报告既反映当前市场条件，又反映公司的长期前景。