In a pawn transaction, the customer gets a short-term loan of about fifty to seventy-five percent of the value of an item.

VOA: special.2011.04.18

The loan-to-value ratio--well it's not so much the loan--the maturity was short and the balloon payment at the end that they changed.

贷款价值比率,不,就是期限太短了,期末大额偿还也是罪魁祸首

耶鲁公开课 - 金融市场课程节选

Your banker understands that your business can't pay the money back and that the bank has a reputation in the community of helping business people, so they won't ask for the money even though it's a short-term loan that they made to you.

他会理解,你的公司可能无法还钱,在业界里银行向来,有帮助企业家的美名,所以他们不会要求你还钱,即使他们借给你的是短期贷款

耶鲁公开课 - 金融市场课程节选