1·An option is a derivative contract that gives the purchaser the right, but not the obligation, to buy or sell an asset at a certain price.
期权是一种只给买方带来权利，而不需买方承担义务，使其可在未来以某一确定价格买卖资产的衍生品。
2·Financial derivative security, basic tools employed by financial engineering, refers to financial products whose value relies on underlying asset.
金融衍生工具是指其价值依赖于标的资产的一类金融产品。
3·A derivative is an instrument whose value depends on, or is derived from, the value of another asset.
衍生品是一种金融工具，其价值取决于(衍生于)其他资产的价值。
4·As a new financial derivative instrument, mixed asset bonds adopt a pricing model different from traditional bonds due to its unique attribute.
作为一种新型金融衍生产品，混合资本债券以其特有的资本属性形成了区别于传统债券的定价模式。
5·A derivative is a financial instrument whose price is based (derived) from a different asset.
衍生工具是一种金融工具，其价格是根据从不同的资产派生而来。
6·Research and teaching: Asset Pricing, Empirical Finance, Econometric Methods, and Derivative Markets.
主要研究和教学领域：资产定价，实证金融，计量经济学方法，金融衍生产品市场。