When you create a corporation, you write up a contract, which specifies the rules of the corporation; it's like a constitution for the corporation.

创建公司时,你会起草一份协议,其中规定了公司的条款,就像公司的宪法一样

耶鲁公开课 - 金融市场课程节选

One thing that the government has to do is reassure that reserves' requirements are met.

政府需要确保保险公司的,保险准备金达到规定的数额

耶鲁公开课 - 金融市场课程节选

In the early post-war period, the corporate--now I'm going to talk-- there's a distinction between the rate that they charge and the actual amount that they take.

在战后初期,公司的...我要说明的是,政府规定的税率,与实际征收的税率之间存在着差异

耶鲁公开课 - 金融市场课程节选

The state law probably requires that a corporation have a board of directors, but it's also something that can be defined at the time that you create the corporation in the bylaws.

州法规定,公司必须要有董事会,但还有一些规定,是你在制订公司制度时自由规定的

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

The one thing that the SEC requires that companies file is their balance sheet, which you can look up for any company on EDGAR.

证交会规定公司要披露的,公司文件之一就是资产负债表,在EDGAR上可查到任一公司的资产负债表

耶鲁公开课 - 金融市场课程节选