中文词句	English Terms	English Definitions
额外回报	Excess Return	Returns in excess of the risk-free rate or in excess of a market measure (such as an index fund).
恶性通货膨胀	Hyperinflation	Extremely rapid or out of control inflation.
恶意收购	Hostile Takeover	A takeover attempt that is strongly resisted by the target firm.
二级发行	Secondary Offering	A sale of securities in which one or more major stockholders in a company sell all or a large portion of their holdings. The underwriting proceeds are paid to the stockholders, rather than to the corporation.
二级市场	Secondary Market	A market in which an investor purchases an asset from another investor, rather than an issuing corporation.
二级资本	Tier 2 Capital	A term used to describe the capital adequacy of a bank. Tier II capital is secondary bank capital that includes items such as undisclosed reserves, general loss reserves, subordinated term debt, and more.