债券作为一种资产类别，短期内，表现预计会继续好于现金。
Bonds as an asset class are expected to continue to outperform cash in the near term.
而且它的定价效率低，尤其是因为作为一种资产它不容易降价：你不能规避你的风险承担。
And it is inefficiently priced, not least because as an asset class it is hard to short: you can't hedge your exposure.
由于最近的金融危机，日本已经开始持续接受金融票据作为一种抵押担保物，目的是为了将资金注入到整个金融系统以内，但它没有购买资产。
Since the recent financial crisis, Japan has continued to accept financial instruments as collateral in order to pump money into the system, but hasn't bought the assets.
作为希腊的词根资产，加密技术是一种“神秘编写”艺术。
Cryptography is the art of "secret writing," as the word's Greek roots attest.
这种证券是优先债务形式的一种，发行者需要用自己的现金流来偿还，并且要有一定隔离的资产池作为保障，比如说抵押贷款，以免发生不能履行责任的情况。
The instrument is a form of senior debt that is paid back from the issuer's cash flows but is also secured against a ring-fenced pool of assets, such as mortgage loans, in the event of default.
作为一种有形资产，大宗商品是一种价值储存手段，因此也是天然的通胀避险工具，在上述环境下，大宗商品应会有良好的表现。
Commodities, as a physical asset, are a store of value and consequently a natural hedge against inflation, and should perform well in that environment.
除非央行们希望以这种庞大的资产负债表作为一种长久之策，否则他们必须想办法把之前买进来的国债再卖出去。
Unless they want to end up with a permanently bigger balance-sheet, central Banks must offload those bonds they have already bought.
另外他们指出，讨喜的外形也是一种无形资产，特别是对于作为“护伞种”的大熊猫而言尤为重要。
Cuteness was an asset worth paying for, they said, especially for an "umbrella species" like the panda.
因为在很多国家和地区，保险作为一种金融资产是可以流动转让的。
Because in many countries and regions, insurance can be transferred as a financial asset.
从技术上来说，商誉是一种无形资产，通常作为一个单独项目在资产负债表上列出。
While goodwill is technically an intangible asset, it is usually listed as a separate item on a company's balance sheet.
作为一种概念，这种想法一定是存在于那些天真的女孩子脑子里的，她们把自己的身体当作一种他人可以享用的资产来看待。
As a concept it is by all means present in the heads of innocent young girls, who proudly look upon their bodies as assets to be enjoyed.
然而，作为一种无形的资产，著名品牌从不会过时。
A famous brand, however, as an intangible asset, will never be old-fashioned.
信贷资产证券化作为一种新型的金融工具，其独特的运作机制，有利于提高银行的资本充足率，改善其经营现状。
The unique operation of credit assets backed securitization as a new financial instrument will increase the capital adequacy ratio and improve management status.
证券作为一种金融资产，它的价格如何决定一直是金融理论界研究的中心问题。
As a kind of financial capital, how the price of securities is made is the central problem of financial theory .
人才资本作为一种“主动的资产”，其产权的实现程度将直接影响着人才资本效率的发挥，也直接影响着国家人才安全。
Talent capital as a initiative production, the realization degree of its property right will have a direct impact on capital efficiency. It also effects the national talent safety directly.
作为一种源起于美国的融资工具，金融资产证券化在短短的30年的时间内，迅速发展成熟并在世界范围内得到广泛传播。
As a kind financial tool coming from America, only in 30 years for Securitylization of financial assets shortly has developed and been mature, and be brought widely spread rapidly in the world.
特别提款权并非自由交易的货币，但是作为一种国际储备资产而具有重要性。
The Special Drawing Rights are not a freely traded currency, but are important as an international reserve asset.
专利作为一种无形资产具有经济价值。
The patent has economic value as one kind of intangible assets.
反抵押贷款作为一种新型的金融工具，主要作用在于将不动产转化为流动资产，从而改善老年人的生活质量。
Reverse mortgage is a new type of financial tool, it focuses on converting illiquid asset in to liquid asset and improving the elders' life quality.
按照现有商誉会计理论，自创商誉作为企业一种特殊的无形资产，是否应该确认或摊销，还存在诸多争议。
There is controversy whether self-initiated goodwill as a kind of special intangible asset of an enterprise should be recognized or amortized.
第一个参数作为一种国旗的资产。
The first parameters will be used as a flag of possibility of withdrawing assets.
风险预算作为一种新的风险管理方法，已经将资产配置从一个限制风险的防御性角色转变为一个最优化风险的主动进攻型角色。
Risk budgeting as the new risk management method has changed the role of risk allocation from the risk limited preventing role to an aggressive role of risk optimization.
从而，论证了人力资本符合资产信用理念和资产效率价值目标，是可以作为一种出资形式的。
So it proves that human capital line with assets credit idea and assets efficiency value targets, human capital can be used as a form of funding.
首先，本文对专利技术进行了全面的分析，对专利技术作为一种权利、一种无形资产和一种技术商品的特点以及其作用进行了阐述。
First of all, acting the roles of a right, an intangible property and a technical commodity, what special features and functions the patented technology has were elaborated completely in this paper.
当前，我国资产管理公司在处置资产的过程中，已经将债转股作为一种主要的资产处置方式。
At present, in the course of dealing with assets, China's assets Management corporation has applied debt to equity swap as a major pattern.
作为一种实物资产，黄金的价格虽然有升有降，但其具有其他任何信用资产都无法比拟的优越性。
Although the gold price rises and falls as a type of physical assets, it still has clear superiority that is incomparable by any other credit assets.
作为一种实物资产，黄金的价格虽然有升有降，但其具有其他任何信用资产都无法比拟的优越性。
Although the gold price rises and falls as a type of physical assets, it still has clear superiority that is incomparable by any other credit assets.
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