A perpetuity is an asset or a contract that pays a fixed amount of money each time period, forever.

永续年金是一种财产或者合同,规定在每一时间段内,支付一定数量的货币,直至永远

耶鲁公开课 - 金融市场课程节选

They said, would you sign a contract that if you had this loss the contract would pay you a certain amount of money?

他们是这样说的，你会签署一个合约,上面约定了，当你发生损失,你会得到合约中约定的赔偿金？

耶鲁公开课 - 金融市场课程节选

That would be putting it in a real frame and-- wouldn't that be more sensible, because you would be specifying the contract in real terms rather than money terms?

那样的话就是一种实物框架理念-,那样不是更合理吗，因为在你拟定合约时,会更倾向于用实物而非货币来计算？

耶鲁公开课 - 金融市场课程节选