decimalization

简明释义

英[ˌdesɪməlaɪˈzeɪʃn]美[ˌdesɪmələˈzeɪʃn]

n. 十进制；十进制化

英英释义

单词用法

同义词

反义词

例句

1.The key features of the International system are decimalization, a system of prefixes, and a standard defined in terms of an invariable physical measure.

国际制度的主要特点是采用了十进制法、首体系、不变的物理度量方式解释的标准。

2.Decimalization came and went with no major incidents, but that was just the beginning.

十进制的使用并没有引起大的事故，但这只是开始。

3.The key features of the International system are decimalization, a system of prefixes, and a standard defined in terms of an invariable physical measure.

国际制度的主要特点是采用了十进制法、首体系、不变的物理度量方式解释的标准。

4.Many countries have undergone decimalization to modernize their financial systems.

许多国家经历了小数化以现代化其金融系统。

5.The decimalization of the currency made transactions much simpler for consumers.

货币的小数化使消费者的交易变得简单得多。

6.After the decimalization, prices in the market became easier to understand.

在小数化之后，市场上的价格变得更容易理解。

7.The stock exchange implemented decimalization to improve trading efficiency.

证券交易所实施了小数化以提高交易效率。

8.Investors welcomed the decimalization of stock prices, as it allowed for more precise trading.

投资者欢迎股票价格的小数化，因为这允许更精确的交易。

作文

The concept of decimalization has significantly transformed the landscape of financial markets around the world. Decimalization refers to the process of converting prices and quotes from fractions to decimals. This shift, which was implemented in various stock exchanges during the late 20th century, aimed to enhance the efficiency and transparency of trading. Before decimalization, stock prices were often quoted in fractions, such as 1/8 or 1/16 of a dollar. This system could be confusing for investors and traders alike, leading to inefficiencies in pricing and execution. One of the key benefits of decimalization is that it allows for finer price increments. Instead of being limited to fractions, traders can now operate with much smaller price changes, typically in increments of one cent. This change has made it easier for investors to assess the value of stocks and make more informed decisions. For instance, if a stock is trading at $10.00, a trader can easily see the difference between $10.01 and $10.02, whereas under the fractional system, such small differences might not have been as apparent.Moreover, decimalization has led to increased competition among market makers and trading firms. With smaller price increments, there is a greater opportunity for arbitrage, where traders can exploit price differences across different markets. This competition ultimately benefits investors by narrowing bid-ask spreads, which is the difference between the price at which a trader can buy a stock and the price at which they can sell it. A narrower spread means that investors can buy low and sell high more efficiently, thus maximizing their potential profits.However, the transition to decimalization was not without its challenges. Some critics argued that the change could lead to increased volatility in the markets. With more frequent price changes, there was a concern that stocks could experience larger fluctuations, making it harder for investors to predict movements accurately. Additionally, some smaller stocks, known as penny stocks, faced issues as their prices were often too low to accommodate decimal pricing effectively.Despite these concerns, the advantages of decimalization have largely outweighed the drawbacks. The move towards decimal pricing has been embraced globally, with many countries adopting similar systems in their financial markets. It has paved the way for more sophisticated trading technologies and algorithms, allowing for faster and more precise trades. In essence, decimalization has democratized trading, making it accessible to a broader range of investors, from institutional players to individual retail investors.In conclusion, decimalization represents a significant milestone in the evolution of financial markets. By simplifying the way prices are quoted and improving the overall trading experience, it has contributed to greater market efficiency and transparency. As we continue to navigate the complexities of modern finance, understanding the implications of decimalization will be essential for anyone looking to engage with the stock market. The journey from fractions to decimals has not only changed how we trade but also how we think about value and investment in the contemporary economic landscape.

“decimalization”这个概念显著改变了全球金融市场的格局。decimalization指的是将价格和报价从分数转换为小数的过程。这一转变在20世纪末被多个证券交易所实施，旨在提高交易的效率和透明度。在decimalization之前，股票价格通常以分数形式报价，例如1/8或1/16美元。这种系统可能会让投资者和交易者感到困惑，从而导致定价和执行上的低效。decimalization的一个主要好处是它允许更细的价格增量。交易者现在可以以通常为一美分的增量进行操作，而不再局限于分数。这一变化使得投资者更容易评估股票的价值，做出更明智的决策。例如，如果一只股票的交易价格为10.00美元，交易者可以轻松看到10.01美元和10.02美元之间的差异，而在分数制下，这样的小差异可能并不那么明显。此外，decimalization还导致了市场制造商和交易公司之间的竞争加剧。随着价格增量的减小，交易者可以利用不同市场之间的价格差异进行套利。这种竞争最终使投资者受益，因为它缩小了买卖差价，即交易者可以买入股票的价格与卖出价格之间的差异。更窄的差价意味着投资者可以更有效地以低价买入、高价卖出，从而最大化潜在利润。然而，转向decimalization并非没有挑战。一些批评者认为，这一变化可能会导致市场波动性增加。由于价格变化频繁，人们担心股票可能会经历更大的波动，使投资者更难准确预测走势。此外，一些较小的股票（称为便士股票）面临问题，因为它们的价格往往过低，以至于无法有效地采用小数定价。尽管存在这些担忧，decimalization的优势在很大程度上超过了缺点。向小数定价的转变在全球范围内得到了广泛接受，许多国家在其金融市场中采用了类似的系统。这为更复杂的交易技术和算法铺平了道路，使交易更快、更精确。实际上，decimalization使交易民主化，使更广泛的投资者，包括机构投资者和个人零售投资者，都能参与其中。总之，decimalization代表了金融市场演变中的一个重要里程碑。通过简化价格报价方式并改善整体交易体验，它有助于提高市场效率和透明度。随着我们继续应对现代金融的复杂性，理解decimalization的影响对于任何希望参与股市的人来说都是至关重要的。从分数到小数的旅程不仅改变了我们的交易方式，也改变了我们在当代经济环境中对价值和投资的思考。