This is insurance that you pay each year for insurance in that year and it does not build a cash value.

为了这种保险可以持续生效,你每年都要缴纳保费,保费不产生现金价值

耶鲁公开课 - 金融市场课程节选

John Moody died in the 1950s, but after he died, Moody's and Standard & Poor did something that Moody would not have approved of -they started accepting fees from the people they rate; some people think that you shouldn't do that.

约翰·穆迪在20世纪50年代去世,他死后,穆迪公司和标准普尔做了一些,穆迪绝对不会允许的事情...,他们开始接受被评级者所缴纳的费用,有些人认为不应该这样做

耶鲁公开课 - 金融市场课程节选