But if they default, you can buy them at $90 and if they can't file their financial statements, you're entitled to par.

但是如果他们违约了，你可以在90美元买进0,但是如果他们没有发布他们的财务报表，你有权以票面价值购进。

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but they won't be academically, kind of, up to par. They won't be up to snuff academically.

但是他们成绩上，有些，不达标。他们成绩上不行。

对于赞助入学的看法 - SpeakingMax英语口语达人

You wouldn't buy this bond at par because at par, meaning at $100- because then you wouldn't get any interest on it.

你不是以平价买入,平价买入,意思是以100面值买,否则就没有利息收益了

耶鲁公开课 - 金融市场课程节选