short-sale constraint
基本解释
- [经济学]卖空限制
英汉例句
- But Chinese security market is incomplete under short-sale constraint, which causes the ineffectiveness of risk share and the loss of social welfare.
然而,我国存在卖空限制的证券市场是不完全的,这导致了风险分担的无效以及社会福利的损失。
双语例句
专业释义
- 卖空限制
When using correct model with short-sale constraint and time-varying volatility,market price of convertible bond is lower slightly than model price.
采用卖空限制、时变波动率和非正态分布下的转债定价模型进行定价实证分析后发现,转债市场价格略低于模型价格,转股期前定价误差大于转股期后的误差。