他说，由于信贷紧缩，现金为王的程度比以往更严重了。
'Cash has become king to an even greater extent than in the past because of the credit crunch,' he says.
“现金为王”一直以来都被视为企业资金管理的中心理念。
"Cash is king" has been considered to be the center philosophy of enterprise capital management for a long time.
第一点是公司间的适当联络是很好，但是当困难时期来临时，现金为王。
The first was that cosy links between companies are all fine and good, but when it comes to the crunch, cash is king.
由于2007年大多数时候都是“现金为王”，货币市场和储蓄存款市场都随着短期利率的下降而下降了。
While cash was king for much of 2007, yields on instruments such as money-market accounts and certificates of deposit have dropped along with short-term interest rates.
房地产市场的讨价还价跟证券市场的斤斤计较如出一辙——现金为王，分析无尽而又无能为力；
Real estate bargains come about for the same reasons as securities bargains—an urgent need for cash, inability to perform proper analysis, a bearish macro view, or investor disfavor or neglect.
会计学的收入主要问题在于收入积累。公司可以用一些非现金项目轻易操纵利润。记住：现金为王！
The major problem of accounting earnings is accrual-based. Companies may easily manipulate it by using some non-cash items. Remember: cash is the king!
如果处在牛市，低利率表明投资者最终决定拒绝“现金为王”，转为更加偏好购买风险资产，以寻求更高回报。
For the bulls, it is a sign that investors will eventually decide to reject the safety of cash in favour of the higher returns available from riskier assets.
在这样一个现金为王的时代，债务可是个大麻烦。一位年轻的内阁部长——特雷斯曼勋爵曾警告说，全体英格兰俱乐部贷款总计已经达到四十三亿美元。
In an era where cash is king and debt is big trouble, a junior government minister, Lord Triesman, has warned that the entire stable of English clubs was carrying loans of $4.3 billion.
在这样一个现金为王的时代，债务可是个大麻烦。一位年轻的内阁部长——特雷斯曼勋爵曾警告说，全体英格兰俱乐部贷款总计已经达到四十三亿美元。
In an era where cash is king and debt is big trouble, a junior government minister, Lord Triesman, has warned that the entire stable of English clubs was carrying loans of $4.3 billion.
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