I'm not talking about investment banks in this lecture -I'm talking about commercial banks, which accept deposits from depositors.

这节课不讲投资银行,只讲商业银行,商业银行从储户那里吸收存款

耶鲁公开课 - 金融市场课程节选

That was to protect depositors in the case of bank failure and it was a very important innovation because, at that time, there were huge runs on banks.

以保护储户在银行破产中免受损失,该机构的成立是个创举,因为那段时期,银行遭到挤兑

耶鲁公开课 - 金融市场课程节选

You hear about credit unions a lot because they're in your neighborhood and they're advertising for small depositors, so they're in your face, but commercial banks are actually much more important.

你们常会听到信用合作社,因为它们就在你家附近,它们还面向小额储户打广告,所以比较显眼,但商业银行其实要重要得多

耶鲁公开课 - 金融市场课程节选

They trust to the fact that the depositors won't all come on the same day, just like a goldsmith banker -he leaves only enough gold in the safe to cover the kind of withdrawals that are normally accepted.

他们是基于这样一种考量,即储户们不会在同一天上门来取钱,正如金匠银行家那样,他留存在保险箱中的黄金数量,刚好可以应付一般的提款要求

耶鲁公开课 - 金融市场课程节选