本文实证检验了长期资产减值信息在企业与银行借款契约中的作用。
This paper focuses on the usefulness of asset write-down information in the contract of bank loan.
最近的麻烦点在一个被称为信用违约互换的领域，这是让企业交易在借款是否会违约上面打赌的私人契约。
The latest trouble spot is an area called credit-default swaps, which are private contracts that let firms trade bets on whether a borrower is going to default.
这些做法损害了契约的神圣性，他说，同时使每个人都更难获得抵押借款。
They undermine the sanctity of contracts, he said, while making mortgages harder to gain for everyone.
他与读者签了契约，就好像，因为他要借款所以签了份合同一样。
Milton makes a covenant with the reader. It's as if he's signing a contract because he's asking for credit here.
他与读者签了契约，就好像，因为他要借款所以签了份合同一样。
Milton makes a covenant with the reader. It's as if he's signing a contract because he's asking for credit here.
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