126.hardball ：商场上的杀手锏，动真格

　　Slang for highly competitive or ruthless business practices.

　　俚语，指生意上极具竞争力或冷酷无情的做法。

　　Our competitors are using tactics that indicate that they want to play hardball.

　　我们的竞争对手所用的战术表明他们要动真格了。

　　127.hostile takeover ：敌意接管

　　The act of taking control of a company by buying up enough of its stock t gain a controlling interest.

　　通过购买足够股份从而获得控股权的办法来接管一家公司。

　　Last year the small airline company was bought up in a hostile takeover.

　　去年这家小航空公司在一次敌意接管中被收购。

　　128.hyperinflation ：高通胀

　　Rapid inflation and major shortages caused by panic buying.

　　迅猛的通货膨胀和抢购造成严重的商品短缺。

　　The fear of sudden natural disaster caused hyperinflation to occur in certain food markets because of panic buying by the public.

　　由于担心自然灾害会突然降临，公众疯狂抢购，导致了一些食品市场的高通胀。

　　129.inflation ：通货膨胀

　　A sustained rise in the price of goods and services.

　　商品和服务的价格持续上涨。

　　Has the rate of inflation dropped in the last six months?

　　在过去的6个月里通货膨胀率下降了吗?

　　130.junk bond ：风险债券，垃圾债券

　　A slang term for a high-risk bond that offers a high return but is considered to have a dubious backing.

　　俚语。指高风险高回报的债券，但被认为有可疑的背景支持。

　　Michael Milken will always be synonymous with the term ”junk bond king.”

　　迈克尔·米尔肯总是“风险债券之王”的同义词。

　　131.labor-intensive ：劳动密集型的

　　(adj.)A term used to describe production that uses more labor than capital.

　　运用人力多于资本的生产。

　　The parts are very labor-intensive which makes them very expensive.

　　零件是用密集劳动生产出来的，这样价格就很贵。

　　132.leveraged buyout(LBO) ：举债收购

　　A procedure by which an investor borrows money to purchase enough of a company’s assets to gain a controlling interest, using the assets of the targeted firm as collateral.

　　投资者以收购对象的资产作担保，借钱来收购该公司的足够资产以获得控股权的过程。

　　Sometimes a smaller company will use the technique of a leveraged buyout to takeover another company.

　　有时候小公司可以用举债收购的手段来接管另一家公司。

　　133.macroeconomics ：宏观经济学

　　An economic branch dealing with broad aspects of the economy, esp. factors on a national level.

　　经济学的分支，研究经济的宏观方面，尤其是国家层次上的因素。

　　Mr. Samuels is an expert in macroeconomics.

　　塞谬尔斯先生是位宏观经济学专家。

　　134.market share ：市场份额

　　A percentage of total sales within a specific market by one company.

　　一公司产品的销售总额在某一特定商品市场上所占的百分比。

　　The kelloggs company has over 50 percent of the market share for breakfast cereals

　　克洛格公司在早餐粥市场上占有超过50%以上的份额。

　　135.mass production ：大规模生产

　　The manufacturing of goods in large quantities using standardized parts and assembly lines.

　　利用标准零件和生产线大批量生产商品

　　Mass production allows a lot of people to enjoy a particular product at a more reasonable price.

　　大规模生产使得很多人能以更为便宜的价格享用某种产品。

　　136.microeconomics ：微观经济学

　　The branch of economics that deals with single units of production and consumption.

　　经济学的分支，研究生产和消费的单个单位。

　　Microeconomics in the future will lead to more customization and specialization of products for consumers.

　　在未来微观经济会导致产品的专业化和客户化以方便顾客。

　　137.mogul ：商业巨头

　　Informal. A rich and powerful person in business or industry.

　　非正式用语。商业或产业界的富有且势力大的人物。

　　We watched a television interview of an entertainment mogul who had amassed a fortune of over $ 100 million.

　　我们收看了一段电视访谈，采访对象是一位拥有一亿多美元资产的娱乐业巨头。

　　138.mommy track ：母亲路线

　　A career path in which a woman declines rapid advancement in order to spend time with her family.

　　女性的职业模式。指女性不愿晋升过快，以便有更多时间和家人相处。

　　Millions of women in the 1990s are choosing the mommy track over climbing the corporate ladder.

　　90年代，数以百万计的妇女宁愿走母亲路线也不愿攀登公司的官阶。

　　139.monopoly ：垄断

　　A domination of the market by a single company.

　　由单一公司统治市场的局面。

　　The breakup of monopolies creates competition, which leads to better quality and lower prices for the public.

　　打破垄断可以产生竞争，这会给公众带来更好的质量和更低的价格。

　　140.oligopoly ：寡头垄断

　　A market condition in which there are few sellers, enabling them to influence price and other factors.

　　少数商家占有市场，因此他们可以操纵价格和其他因素。

　　The U.S. auto industry is an oligopoly, because there are only three main producers.

　　美国汽车工业是寡头垄断的行业，因为只有3家主安生产商。

　　141.Pac Man defense ：帕克曼防卫

　　An attempt to prevent a hostile takeover in which a targeted company bids to take over the hostile firm.

　　被定为兼并对象的公司通过出价收购敌对公司，从而阻止其恶意收购。

　　The out-throat 1980s made strategies like Pac Man defense essential to companies who wanted to survive a hostile takeover.

　　在竞争残酷无情的80年代，对于那些希望躲过恶意兼并的公司来说，帕克曼防卫之类的战略手段太重要了。

　　142.Paper profit ：纸上盈利

　　An unrealized profit due to appreciation in value of something owned but not yet sold.

　　对拥有的某种商品进行估价而计算出来的利润，因为商品没有出手，利润尚未实现。

　　Jack’s business showed a paper profit last year simply due to the appreciation.

　　因为评估了公司的所有的资产，去年杰克的生意才有纸上盈利。

　　143.paradigm shift ：改组

　　A term by a CEO to inform his company that there will be major changes made.

　　公司总裁通知公司上下将有重大变化时所用的词。

　　The CEO of a major computer software manufacture announced a paradigm shift to his executives today.

　　一家大型软件生产商的总裁今天宣布要对其管理人员进行改组。

　　144.Peter Principle ：彼得原则

　　A statement that every employee in a hierarchy tends to rise to the level of his or her incompetence.

　　一种认为在等级森严的公司里，每个职员都想升到其无法胜任的位置的说法。

　　The term “Peter Principle” has become quite popular among the American work force.

　　在美国的劳动力大军里，常可听到”彼得原则”这个术语。

　　145.poison pill ：反兼并手段，毒丸

　　Any of various methods devised by a company to thwart a hostile takeover attempt, such as by issuing new stock or instituting a generous package of employee benefits, which would prove costly to a potential acquirer.

　　公司为挫败敌意兼并所采取的各式各样的方法，如发行新股票，为雇员制定慷慨的福利计划。这会使潜在的兼并者感到代价昂贵而放弃兼并。