象牙塔资产经常提供得太迟了，对其预期的受众不能产生价值，或者有太多的冗余，在实践中没有用。
Ivory tower assets are often provided too late to be of value to their intended audience or have far too much baggage to be of use in practice.
通常我们认为当对资产的未来价值的预期上升时，现价会走高，而减少资产的现时需求量。
Normally we think that when expectations about future value of an asset go up, the current price will rise, reducing the current demand for that asset.
如果你预期一项债券(有可能是受一系列抵押资产支持的债券)将出现违约，你可以购买保险，以弥补债券价值的损失。
If there is a bond that you expect to go into default (it might be a bond backed by a collection of mortgages), you can buy insurance against the resulting loss in the bond's value.
欧洲的银行股票在资产价值以下交易，说明投资者预期他们的资产负债表在将来会有大额的减计。
European bank shares trade at well below asset value, suggesting that investors expect their balance-sheets to suffer significant write-downs in future.
借款人的资产价值小于其负债(考虑到应急帐户及预期负债)。
The value of the assets of the Borrower is less than its liabilities (taking into account contingent and prospective liabilities).
但在大多数交易中，资产的交易价格还是接近资产的基本价值，符合有效市场假说的预期。
But most of the traded prices of the asset are close to the fundamental value and accord with efficient market hypothesis.
这种预期能给企业带来的经济利益也就是该资产的价值。
This kind of expectation can is also the value of that property for the economic benefits that business enterprise bring.
在用资产产生的预期自由现金流量，以加权平均资金成本为折现系数进行折现后的现值称为营业价值。
The PV of their expected future free cash flows, discounted at the WACC, is the value of operations.
第二十三条无形资产预期不能为企业带来经济利益的，应当将该无形资产的账面价值予以转销。
Article 23 in case no economic benefit is expected to be brought by some intangible assets to the enterprise, the carrying value of the intangible assets shall be written off.
第二十三条无形资产预期不能为企业带来经济利益的，应当将该无形资产的账面价值予以转销。
Article 23 in case no economic benefit is expected to be brought by some intangible assets to the enterprise, the carrying value of the intangible assets shall be written off.
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