erger 纵向合并Р--merging with pany with different stage of production process, for instance, a car maker merging with a parts supplier.Р66. real estate 不动产,房地产Р--Land, including all the natural resources and permanent buildings on it.土地,包括土地上的所有自然资源和永久性建筑Р67. hedge fund 对冲基金公司Р--an pany that uses high-risk techniques, such as borrowing money and selling short, in an effort to make extraordinary capital gains.Р68. GNP : the total market value of aggregate goods and services produced by a nation during a specified period, especially a year.Р69. return on investment (ROI) 投资回报率Р--a profit or yield from investment.Р70. bull market 牛市Р--a market, especially securities market, that is going up or expected to go up.РBear market 熊市Р-- a general decline in the stock market over a period of time. (维基百科)