So, according to the expectations theory augmented with liquidity preference-- This strongly upward-sloping term structure in 2003 would reflect two things.

所以,根据结合了流动性偏好的,预期理论,2003年期限结构中表现出的,强烈上扬趋势反映了两方面的因素

耶鲁公开课 - 金融市场课程节选

So what banks offer is liquidity -the ability to borrow short even though the loans that are made are long-term.

而银行就提供了流动性,即接受短期存款,但可以发放长期贷款的能力

耶鲁公开课 - 金融市场课程节选

But I think the reasons we did it then were, yes, liquidity, really, more capital for the company, but also the ability to attract people.

戴尔上市的原因,首先是流动性，筹得更多资金，同时也为了吸引注意。

斯坦福公开课 - 戴尔CEO-Michael.Dell谈创业和发展课程节选

Sometimes the numbers can be pretty dramatic; I mean,2000 was a year of great flux in the markets because that's when the Internet bubble burst.

有些时候投资者的数量很大,像2000年市场的流动性很大,因为在那一年互联网泡沫破裂

耶鲁公开课 - 金融市场课程节选

I've got three main reasons, they're: adverse selection, moral hazard, and liquidity.

我总结出三个主要原因,分别是,逆向选择,道德风险,及流动性

耶鲁公开课 - 金融市场课程节选

Liquidity is that banks lend long and borrow short -short-term, I mean.

流动性是指银行贷长借短,短是指短期

耶鲁公开课 - 金融市场课程节选

The third thing is liquidity.

第三点是流动性

耶鲁公开课 - 金融市场课程节选