In a pawn transaction, the customer gets a short-term loan of about fifty to seventy-five percent of the value of an item.

VOA: special.2011.04.18

People can't pay --they can't pay a high interest if they don't have it as a long-term loan.

如果银行不发放长期贷款,他们就不能够支付高额利息

耶鲁公开课 - 金融市场课程节选

Your banker understands that your business can't pay the money back and that the bank has a reputation in the community of helping business people, so they won't ask for the money even though it's a short-term loan that they made to you.

他会理解,你的公司可能无法还钱,在业界里银行向来,有帮助企业家的美名,所以他们不会要求你还钱,即使他们借给你的是短期贷款

耶鲁公开课 - 金融市场课程节选

Actually I mentioned the Term Securities Loan Facility because it's a new innovation but it hasn't started yet.

事实上，我提到术语,是因为它是一个,新的革新但还没有开始实施。

耶鲁公开课 - 金融市场课程节选

Then they came up with the Term Securities Loan Facility.

然后，他们发明了术语,长期资产支持证券贷款。

耶鲁公开课 - 金融市场课程节选