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The contract has to specify what are the causes of, let's say, death or a situation in which one is covered.
合约中必须指明,合约建立目的，比如说，死亡或者承保的是什么情况。
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We did that, we came up with very good Chinese search engine technology, and we signed up a lot of the Chinese portals in a very short period of time.
我们开发了,很好的中文搜索引擎技术，并在短期内，和许多门户网站公司,签了合约。
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You put some inputs in, it has a contract that says if you put the right kind of inputs in you'll get a specific output coming out, but you don't have to know what's inside of that box.
你可以将输入一些内容,它相当于一个条件合约,如果你的输入是正确的，你就能得到特定的输出,但是你不知道盒子里面有些什么。
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Suppose someone has a contract that promises to pay an amount each period over a number of years.
假设某人有一份合约,承诺在数年内的不同时段内分开支付
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It is conditional. So this is our first bilateral, conditional covenant.
它是由条件的，所以这是第一个双边，有条件的合约。
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So shortly after 9/11 the Government made a contract to a company called Acambis to make four hundred million doses of smallpox for $343 million dollars.
11后不久 政府与一个叫做,阿坎比斯的公司签订了合约,目的是用3.43亿美元,制造四亿支天花疫苗
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And so if you sign a contract with the government for millions of dollars, you have guarantee to get your dollars back, plus whatever profits they allowed in the contract.
所有如果你和政府签订了合约,做了一个百万的大单子，你能保证拿到钱，和其他的利润,在合同里规定的利润。
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They said, would you sign a contract that if you had this loss the contract would pay you a certain amount of money?
他们是这样说的，你会签署一个合约,上面约定了，当你发生损失,你会得到合约中约定的赔偿金？
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I need a contract that says, here's what I want in terms of things that you're going to take as input, to begin your part of the drama, here's what you're going to produce at the output, and the details of what they do inside are up to them.
这些作家相互沟通进行工作呢？,我需要一封规格说明书,我需要一份合约，上面列出了我想要你做的事，这些是你要再开始时做的输入,这些是你要的输出,细节工作就取决于它们了。
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Well I'm relying on the contract, if you like, that the manufacturer of square root put together, which is, if I know I'm giving it two floats, which I do because I make sure they're floats, the contract, if you like, of square root says I'll give you back a float.
好吧我能靠一些类似合约来保证，如果这么说你喜欢的话,其实就是当求平方根的方法,获得了两个我已经确认了是浮点数的数后,这个类似合约的东西就会保证，返回一个浮点数。
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I may have an "IOU" From someone or I may own a bond from someone that promises to pay me something in a year or two years.
也许我握有一份欠条,或是一份合约,某人承诺,在一年或者两年内支付我一些钱
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These insurance contracts have come across gradually through time as we develop the theory and-- I'll talk about the growth of insurance and about some of the components of it.
随着保险理论的发展,保险合约逐渐被人们认同,下面我要讲一下保险的发展历程,以及其中一些值得关注的部分
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In order to devise an insurance contact that does this job, we have to have a contract between an insurance company and the insured.
要想设计一个保险合约,要想做这项工作，我们得在保险公司和,被保险人之间建立一个合约。
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We also have standardized contracts that are traded on exchanges and they're called futures contracts.
也有在交易所中交易的,标准化合同,它们被称做期货合约
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A forward contract is a contract made between two parties for execution in the future.
期货合约是指双方按约定,在未来某一日进行交割结算的合同
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That would be putting it in a real frame and-- wouldn't that be more sensible, because you would be specifying the contract in real terms rather than money terms?
那样的话就是一种实物框架理念-,那样不是更合理吗，因为在你拟定合约时,会更倾向于用实物而非货币来计算？
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And that abstraction is really important.
这种合约是非常重要的。
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What you could do hundreds of years ago-- and can still do it today-- was go to a bank and present this bond or IOU and say, "What will you give me for it?"
在数百年前你们能做的,在今天还是能够做到的就是,到银行出示这份合约或欠条,问,你们根据它能给我多少钱
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It says the price index contained this amount of beef, this amount of sheep wool, this amount of sole leather, and this amount of corn; that was the first consumer price index ever used for financial contracts.
指数中包括这些数量的牛肉,这些数量的羊毛,这些数量的鞋底皮,这些数量的玉米,这是在金融合约里出现的,第一个消费者物价指数
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