Yet corporations have a right that real people do not: limited liability.

VOA: special.2010.03.05

The SIV really was a liability but it wasn't visible to investors investing in the bank.

结构投资公司本身就是债务,但银行的投资者们并不了解这点

耶鲁公开课 - 金融市场课程节选

If you buy stock in a company the most you can lose is the money you put up, so that's called limited liability.

如果你买了一个公司的股票,你最多只会赔掉投进去的钱,所以这叫做有限责任

耶鲁公开课 - 金融市场课程节选

The bill,which now goes to the Senate, would remove a $75 million limit on liability for oil spill damages and put a new tax on the industry to fund nationwide conservation projects.

VOA: standard.2010.07.31

There is a general partner who takes on the liability and the limited partners, who are many, are the participants who do not share the liability.

由普通合伙人承担责任,而其他多个有限合伙人,则不需要承担责任

耶鲁公开课 - 金融市场课程节选

If they awarded options that were "In the money" -that means already exercisable at profit -then they would be subject to a tax liability immediately, so they don't want to do that.

如果这些奖励的股票期权是价内期权,这说明期权行权即可赢利,这些利润是要交税的,当然他们想避免交税

耶鲁公开课 - 金融市场课程节选