The table below shows our cost of float since we entered the business in 1967.
下面的表格显示的是自1967年我们进入这一业务以来我们的浮存成本。
But the business is a lemon if its cost of float is higher than market rates for money.
但如果其浮存成本高于市场资金成本,那么这个业务是个没用的业务。
An insurance business has value if its cost of float over time is less than the cost the company would otherwise incur to obtain funds.
如果一个保险公司的浮存成本在长期低于这个公司从别处获得资金的成本,那么这个保险业务是有价值的。
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