• You have what are called stubs, where one public company owns a significant stake . in another public company.

    假如你持有所谓的票根,它是指一家上市公司在另一家上市公司中所,持有的相当比例的股份。

    耶鲁公开课 - 金融市场课程节选

  • Well, Goodbody & Company is supposed to have your shares but they generally hold them in what's called "Street name."

    古德巴迪公司应该留有你的股票,不过一般是以行号代名方式持有

    耶鲁公开课 - 金融市场课程节选

  • They own this firm jointly and they split the profits, so they share 50% of the profits each.

    他们共同拥有这家公司并且平分利润,即他们各自持有50%的股份

    耶鲁公开课 - 博弈论课程节选

  • So the players are going to be the two agents and they own this firm let's call it.

    这两个参与人都是公司的股东,他们都持有公司的股份

    耶鲁公开课 - 博弈论课程节选

  • An insurance company must hold the reserves; it can hold more and that's called the statutory surplus.

    保险公司必须持有准备金,可以提取更多准备金,这叫做法定盈余

    耶鲁公开课 - 金融市场课程节选

  • The most important thing that these do is: they specify what reserves insurance companies have to hold.

    最重要的是,他们指定了保险公司必须持有多少准备金

    耶鲁公开课 - 金融市场课程节选

  • Then, the value of the subprime loans that the municipal bond insurers own starts to go down.

    接着,市政债券保险公司,持有的次级贷款价值开始下跌

    耶鲁公开课 - 金融市场课程节选

  • There's a very simple reason why real estate tends to be held in limited partnerships rather than corporations and that reason is the corporate profits tax.

    人们之所以,通过有限合伙的形式来持有商业房产,而不是以公司的形式来持有商业房产,其原因非常简单,那就是公司利润税

    耶鲁公开课 - 金融市场课程节选

  • Congress had to make a distinction between these and corporations and it's kind of a subtle distinction because there are lots of corporations that own real estate.

    国会必须把它和公司区分开来,这种差别很微妙,因为很多公司持有房地产

    耶鲁公开课 - 金融市场课程节选

  • The reserves are an accounting entry-- it's how much they are required to hold, but the companies will hold more than that, typically, in order to protect themselves-- more than is required--and their policy holders-- more than is required by the regulators.

    提取准备金就要做会计分录,由相关部门的规定,来提存一定量的准备金,但是保险公司可以持有更多的准备金,通常,多提存是为了,保护他们自己以及投保人,于是持有更多准备金

    耶鲁公开课 - 金融市场课程节选

  • Well after that, the bond price went up because people saw that as a sign that the company was tightening its belt and doing things right to have money to pay off the bondholders; so it was self-interested, I suppose--maybe you can ask him about this.

    在这之后,债券的价格升高了,因为人们认为降低红利是一个信号,说明公司开始紧缩开支走向正轨,并且去偿付债券持有人,莱德利夫通过这种做法达到利己的目的,我想你们可以就此事向莱德利夫提问

    耶鲁公开课 - 金融市场课程节选

  • They wanted REITs to be companies that just owned real estate and Wal-Mart is primarily a retailer.

    EITs应是只持有房地产的公司,而沃尔玛主要经营零售

    耶鲁公开课 - 金融市场课程节选

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