{"id":29889,"date":"2023-12-07T08:46:05","date_gmt":"2023-12-07T08:46:05","guid":{"rendered":"https:\/\/masterskills.org\/blog\/su-tham-hut-shortfall-trong-tai-chinh-va-dau-tu-la-gi-giam-thieu-rui-ro-tham-hut-trong-giao-dich.html"},"modified":"2023-12-23T06:10:59","modified_gmt":"2023-12-22T23:10:59","slug":"su-tham-hut-shortfall-trong-tai-chinh-va-dau-tu-la-gi-giam-thieu-rui-ro-tham-hut-trong-giao-dich","status":"publish","type":"post","link":"https:\/\/masterskills.org\/blog\/su-tham-hut-shortfall-trong-tai-chinh-va-dau-tu-la-gi-giam-thieu-rui-ro-tham-hut-trong-giao-dich.html","title":{"rendered":"S\u1ef1 th\u00e2m h\u1ee5t (Shortfall) trong t\u00e0i ch\u00ednh v\u00e0 \u0111\u1ea7u t\u01b0 l\u00e0 g\u00ec? Gi\u1ea3m thi\u1ec3u R\u1ee7i ro th\u00e2m h\u1ee5t trong giao d\u1ecbch"},"content":{"rendered":"<div class=\"vnbcbc-body vceditor-content wi-active\" data-role=\"content\">\n<figure class=\"VCSortableInPreviewMode\" type=\"Photo\" style=\"\">\n<div><\/div><figcaption class=\"PhotoCMS_Caption\">\n<p data-placeholder=\"[nh\u1eadp ch\u00fa th\u00edch]\">Hi\u0300nh minh ho\u0323a. Ngu\u00f4\u0300n: Investopedia<\/p>\n<\/figcaption><\/figure>\n<h2><font style=\"line-height: 22px; font-size: 22px;\" color=\"#3d85c6\">S\u1ef1 th\u00e2m h\u1ee5t<br \/><\/font><\/h2>\n<p><b>Kha\u0301i ni\u00ea\u0323m<\/b><\/p>\n<p><b>S\u1ef1\u00a0th\u00e2m\u00a0h\u1ee5t<\/b>\u00a0hay c\u00f2n g\u1ecdi l\u00e0 <b>s\u1ef1 thi\u1ebfu h\u1ee5t <\/b>trong ti\u00ea\u0301ng Anh la\u0300 <b>Shortfall<\/b>.<\/p>\n<p><b>S\u1ef1\u00a0th\u00e2m\u00a0h\u1ee5t <\/b>l\u00e0 kho\u1ea3n ti\u1ec1n m\u00e0 c\u00e1c ngh\u0129a v\u1ee5 t\u00e0i ch\u00ednh hay c\u00e1c\u00a0ngh\u0129a v\u1ee5 n\u1ee3, n\u1ee3 ph\u1ea3i tr\u1ea3 v\u01b0\u1ee3t qu\u00e1 l\u01b0\u1ee3ng ti\u1ec1n m\u1eb7t c\u1ea7n thi\u1ebft c\u00f3 s\u1eb5n trong m\u1ed9t c\u00f4ng ty.   S\u1ef1 th\u00e2m h\u1ee5t c\u00f3 th\u1ec3 l\u00e0 t\u1ea1m th\u1eddi ph\u00e1t sinh t\u1eeb m\u1ed9t t\u1eadp h\u1ee3p c\u00e1c \u0111i\u1ec1u ki\u1ec7n, ho\u1eb7c c\u00f3 th\u1ec3 k\u00e9o d\u00e0i, trong tr\u01b0\u1eddng h\u1ee3p \u0111\u00f3 c\u00f3 th\u1ec3 ch\u1ec9 ra c\u00e1c ho\u1ea1t \u0111\u1ed9ng qu\u1ea3n l\u00ed t\u00e0i ch\u00ednh y\u1ebfu k\u00e9m.\u00a0<\/p>\n<p>B\u1ea5t k\u1ec3 b\u1ea3n ch\u1ea5t c\u1ee7a s\u1ef1 th\u00e2m h\u1ee5t l\u00e0 nh\u01b0 th\u1ebf n\u00e0o, n\u00f3 thu h\u00fat m\u1ed1i quan t\u00e2m l\u1edbn c\u1ee7a c\u00e1c c\u00f4ng ty v\u00e0 th\u01b0\u1eddng \u0111\u01b0\u1ee3c kh\u1eafc ph\u1ee5c k\u1ecbp th\u1eddi th\u00f4ng qua c\u00e1c kho\u1ea3n vay ng\u1eafn h\u1ea1n ho\u1eb7c b\u01a1m v\u1ed1n c\u1ed5 ph\u1ea7n.\u00a0 \u00a0 \u00a0 \u00a0 \u00a0<\/p>\n<p>Ng\u01b0\u1eddi ti\u00eau d\u00f9ng c\u0169ng ph\u1ea3i \u0111\u1ed1i m\u1eb7t v\u1edbi s\u1ef1 th\u00e2m h\u1ee5t khi kh\u00f4ng c\u00f3 \u0111\u1ee7 ti\u1ec1n chi tr\u1ea3 cho nh\u1eefng kho\u1ea3n ph\u00ed sinh ho\u1ea1t nh\u01b0 mua th\u1ef1c ph\u1ea9m hay tr\u1ea3 h\u00f3a \u0111\u01a1n \u0111i\u1ec7n.\u00a0<\/p>\n<h3><font style=\"line-height: 22px; font-size: 22px;\" color=\"#3d85c6\">\u0110\u1eb7c \u0111i\u1ec3m S\u1ef1 th\u00e2m h\u1ee5t\u00a0<br \/><\/font><\/h3>\n<p><b>S\u1ef1\u00a0th\u00e2m\u00a0h\u1ee5t <\/b>l\u00e0 m\u1ed9t thu\u1eadt ng\u1eef r\u1ed9ng, \u00e1p d\u1ee5ng cho b\u1ea5t k\u00ec t\u00ecnh hu\u1ed1ng n\u00e0o m\u00e0 t\u1ea1i \u0111\u00f3 m\u1ee9c \u0111\u1ed9 ng\u00e2n s\u00e1ch c\u00f3 s\u1eb5n c\u1ea7n thi\u1ebft \u0111\u1ec3 \u0111\u00e1p \u1ee9ng ngh\u0129a v\u1ee5 kh\u00f4ng \u0111\u1ee7, c\u00f3 th\u1ec3 l\u00e0 trong m\u1ed9t t\u00ecnh hu\u1ed1ng hi\u1ec7n t\u1ea1i ho\u1eb7c m\u1ed9t t\u00ecnh hu\u1ed1ng \u0111\u01b0\u1ee3c d\u1ef1 \u0111o\u00e1n cho t\u01b0\u01a1ng lai.\u00a0<\/p>\n<p>S\u1ef1 th\u00e2m h\u1ee5t c\u00f3 th\u1ec3 x\u1ea3y ra trong l\u0129nh v\u1ef1c kinh doanh c\u0169ng nh\u01b0 \u0111\u1ed1i v\u1edbi c\u00e1c c\u00e1 nh\u00e2n.   Trong m\u1ed9t c\u00f4ng ty, s\u1ef1 th\u00e2m h\u1ee5t t\u1ea1m th\u1eddi th\u01b0\u1eddng x\u1ea3y ra sau m\u1ed9t s\u1ef1 ki\u1ec7n b\u1ea5t ng\u1edd, trong khi s\u1ef1 th\u00e2m h\u1ee5t d\u00e0i h\u1ea1n c\u00f3 th\u1ec3 li\u00ean quan \u0111\u1ebfn c\u00e1c ho\u1ea1t \u0111\u1ed9ng kinh doanh t\u1ed5ng th\u1ec3.\u00a0 \u00a0 \u00a0\u00a0<\/p>\n<p><i>\u00a0&#8211; S\u1ef1\u00a0th\u00e2m\u00a0h\u1ee5t t\u1ea1m th\u1eddi (trong ng\u1eafn h\u1ea1n)\u00a0<\/i><\/p>\n<p>S\u1ef1 th\u00e2m h\u1ee5t t\u1ea1m th\u1eddi trong m\u1ed9t c\u00f4ng ty nh\u1ecf c\u00f3 th\u1ec3 ph\u00e1t sinh khi m\u1ed9t s\u1ef1 c\u1ed1 thi\u1ebft b\u1ecb t\u1ea1i c\u01a1 s\u1edf s\u1ea3n xu\u1ea5t c\u1ee7a n\u00f3 c\u1ea3n tr\u1edf c\u00f4ng su\u1ea5t s\u1ea3n xu\u1ea5t, gi\u1ea3m s\u1ea3n l\u01b0\u1ee3ng d\u1eabn \u0111\u1ebfn doanh thu th\u1ea5p h\u01a1n trong m\u1ed9t th\u00e1ng c\u1ee5 th\u1ec3.\u00a0<\/p>\n<p>Trong tr\u01b0\u1eddng h\u1ee3p n\u00e0y, c\u00f4ng ty c\u00f3 th\u1ec3 s\u1eed d\u1ee5ng c\u00e1c kho\u1ea3n vay ng\u1eafn h\u1ea1n \u0111\u1ec3 \u0111\u00e1p \u1ee9ng b\u1ea3ng l\u01b0\u01a1ng v\u00e0 c\u00e1c chi ph\u00ed ho\u1ea1t \u0111\u1ed9ng kh\u00e1c. Th\u00f4ng th\u01b0\u1eddng, m\u1ed9t khi v\u1ea5n \u0111\u1ec1 d\u1eabn \u0111\u1ebfn s\u1ef1 th\u00e2m h\u1ee5t \u0111\u01b0\u1ee3c kh\u1eafc ph\u1ee5c, ho\u1ea1t \u0111\u1ed9ng kinh doanh tr\u1edf l\u1ea1i b\u00ecnh th\u01b0\u1eddng v\u00e0 s\u1ef1 th\u00e2m h\u1ee5t kh\u00f4ng c\u00f2n l\u00e0 v\u1ea5n \u0111\u1ec1 \u0111\u00e1ng lo ng\u1ea1i.\u00a0 \u00a0\u00a0<\/p>\n<p>V\u1edbi ti\u00eau d\u00f9ng, s\u1ef1 th\u00e2m h\u1ee5t x\u1ea3y ra khi s\u1ed1 ti\u1ec1n g\u1eedi v\u00e0o\u00a0t\u00e0i kho\u1ea3n \u1ee7y th\u00e1c gi\u1eef, th\u01b0\u1eddng \u0111\u01b0\u1ee3c tr\u1ea3 c\u00f9ng v\u1edbi m\u1ed9t kho\u1ea3n thanh to\u00e1n th\u1ebf ch\u1ea5p, kh\u00f4ng \u0111\u00e1p \u1ee9ng c\u00e1c ngh\u0129a v\u1ee5 li\u00ean quan \u0111\u1ebfn t\u00e0i kho\u1ea3n, nh\u01b0 c\u00e1c kho\u1ea3n thu\u1ebf b\u1ea5t \u0111\u1ed9ng s\u1ea3n ho\u1eb7c b\u1ea3o hi\u1ec3m cho ch\u1ee7 nh\u00e0.\u00a0 \u00a0 \u00a0<\/p>\n<p><i>\u00a0&#8211; S\u1ef1\u00a0th\u00e2m\u00a0h\u1ee5t d\u00e0i h\u1ea1n\u00a0<\/i><\/p>\n<p><b>S\u1ef1\u00a0th\u00e2m\u00a0h\u1ee5t <\/b>d\u00e0i h\u1ea1n \u0111i\u1ec3n h\u00ecnh l\u00e0 s\u1ef1 th\u00e2m h\u1ee5t trong c\u00e1c qu\u0129 h\u01b0u tr\u00ed khi c\u00e1c t\u1ed5 ch\u1ee9c ph\u1ea3i \u0111\u1ed1i m\u1eb7t v\u1edbi ngh\u0129a v\u1ee5 l\u01b0\u01a1ng h\u01b0u v\u01b0\u1ee3t qu\u00e1 m\u1ee9c ho\u00e0n tr\u1ea3 m\u00e0 h\u1ecd c\u00f3 th\u1ec3 t\u1ea1o ra t\u1eeb t\u00e0i s\u1ea3n h\u01b0u tr\u00ed c\u1ee7a m\u00ecnh.\u00a0<\/p>\n<p>T\u00ecnh tr\u1ea1ng n\u00e0y th\u01b0\u1eddng x\u1ea3y ra khi l\u1ee3i nhu\u1eadn t\u1eeb\u00a0th\u1ecb tr\u01b0\u1eddng ch\u1ee9ng kho\u00e1n\u00a0th\u1ea5p d\u01b0\u1edbi m\u1ee9c trung b\u00ecnh.  \u00a0  \u00a0\u00a0<\/p>\n<h3><font style=\"line-height: 22px; font-size: 22px;\" color=\"#3d85c6\">Gi\u1ea3m thi\u1ec3u R\u1ee7i ro th\u00e2m h\u1ee5t trong giao d\u1ecbch\u00a0<br \/><\/font><\/h3>\n<p>R\u1ee7i ro xu\u1ea5t hi\u1ec7n<b> s\u1ef1\u00a0th\u00e2m\u00a0h\u1ee5t<\/b> hay <i>r\u1ee7i ro\u00a0th\u00e2m\u00a0h\u1ee5t (Shortfall risk)<\/i> c\u00f3 th\u1ec3 \u0111\u01b0\u1ee3c gi\u1ea3m thi\u1ec3u b\u1eb1ng c\u00e1ch s\u1eed d\u1ee5ng c\u00e1c chi\u1ebfn l\u01b0\u1ee3c ph\u00f2ng ng\u1eeba r\u1ee7i ro hi\u1ec7u qu\u1ea3, v\u1edbi m\u1ee5c \u0111\u00edch b\u1ea3o v\u1ec7 kho\u1ea3n \u0111\u1ea7u t\u01b0 kh\u1ecfi c\u00e1c bi\u1ebfn \u0111\u1ed9ng gi\u00e1 b\u1ea5t l\u1ee3i.\u00a0<\/p>\n<p>V\u00ed d\u1ee5, c\u00e1c c\u00f4ng ty khai th\u00e1c t\u00e0i nguy\u00ean th\u01b0\u1eddng b\u00e1n m\u1ed9t ph\u1ea7n s\u1ea3n l\u01b0\u1ee3ng t\u01b0\u01a1ng lai c\u1ee7a h\u1ecd tr\u00ean c\u00e1c\u00a0th\u1ecb tr\u01b0\u1eddng k\u00ec h\u1ea1n, \u0111\u1eb7c bi\u1ec7t n\u1ebfu h\u1ecd d\u1ef1 ki\u1ebfn s\u1ebd ph\u1ea3i ch\u1ecbu chi ph\u00ed v\u1ed1n \u0111\u00e1ng k\u1ec3 trong t\u01b0\u01a1ng lai.\u00a0<\/p>\n<p>C\u00e1c chi\u1ebfn l\u01b0\u1ee3c ph\u00f2ng ng\u1eeba r\u1ee7i ro nh\u01b0 v\u1eady s\u1ebd gi\u00fap c\u00f4ng ty \u0111\u1ea3m b\u1ea3o ngu\u1ed3n t\u00e0i ch\u00ednh c\u1ea7n thi\u1ebft cho m\u1ed9t ngh\u0129a v\u1ee5 n\u1ee3 ph\u1ea3i tr\u1ea3 trong t\u01b0\u01a1ng lai, l\u00e0 c\u00f3 s\u1eb5n.  \u00a0 <\/p>\n<p>(Theo Investopedia)<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<div class=\"vnbcbc-sapo\" data-role=\"sapo\">\n                            S\u1ef1 th\u00e2m h\u1ee5t (ti\u1ebfng Anh: Shortfall) trong t\u00e0i ch\u00ednh l\u00e0 kho\u1ea3n ti\u1ec1n m\u00e0 c\u00e1c ngh\u0129a v\u1ee5 t\u00e0i ch\u00ednh hay c\u00e1c ngh\u0129a v\u1ee5 n\u1ee3, n\u1ee3 ph\u1ea3i tr\u1ea3 v\u01b0\u1ee3t qu\u00e1 l\u01b0\u1ee3ng ti\u1ec1n m\u1eb7t c\u1ea7n thi\u1ebft c\u00f3 s\u1eb5n trong m\u1ed9t c\u00f4ng ty.\n                        <\/div>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[417],"tags":[],"_links":{"self":[{"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/posts\/29889"}],"collection":[{"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/comments?post=29889"}],"version-history":[{"count":0,"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/posts\/29889\/revisions"}],"wp:attachment":[{"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/media?parent=29889"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/categories?post=29889"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/tags?post=29889"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}