In the Basel I there were Tier I capital requirements and they defined Tier I capital as capital in a certain form -it's stockholders equity plus preferred stock.
第一次巴塞尔协议提出了一级资本要求,他们将一级资本定义为,一种特定形式的资本金,就是股东权益加上优先股
As you get older, your human capital evolves and it has its ups and downs as you age and you start switching from human capital to other forms of capital.
随着年龄增长,你的人力资本不断发展,它随着你的年龄不断起伏,你的人力资本开始,转变成其他形式的资本。
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