• The difference between bid and ask is the profit for the dealer and the bid-ask spread is the profit for the dealer.

    中间商的利润来自出价和要价的差别,差价就是中间商的利润

    耶鲁公开课 - 金融市场课程节选

  • So you buy it at a discount and the return you get is of course a hundred minus--the return you get is the discount.

    所以以折价买入,并且回报等于,100减去,回报等于折扣差价

    耶鲁公开课 - 金融市场课程节选

  • The dealer will charge a higher price for you to buy the furniture than will give to you to purchase the furniture from you; that's how the dealer makes a difference.

    中间商给你的报价,会比向你收购同样家具的开价高,这就是中间商如何赚取差价

    耶鲁公开课 - 金融市场课程节选

  • Then later on,whenever you want, you can take your money out Meanwhile, they invest the deposits some way or another at a higher interest rate than they pay on the deposits and they make the difference and that's how they make a profit.

    然后你什么时候需要你就可以把钱取出来,同时储蓄机构以比给你的利息,更高的利息储蓄,或者投资,这就出现了差价,这就是储蓄机构盈利的方法。

    耶鲁公开课 - 金融市场课程节选

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