• If you put a property up as collateral, then the lender knows that they can get the money back from you.

    如果你以资产作抵押,贷方就知道债务偿还有了保障

    耶鲁公开课 - 金融市场课程节选

  • Bond allocations had increased by more than could be explained by the increase in bond prices over the course of the year.

    同时资产配置中的债券投资比重,高于当年债券价格上涨的速度,有了显著增加

    耶鲁公开课 - 金融市场课程节选

  • That means that if you fail to pay on the loan, the property is taken by the lender to satisfy your debts.

    这意味着如果你不能偿付贷款,这项资产会归债权人所有清偿你的债务

    耶鲁公开课 - 金融市场课程节选

  • Most of our fixed incomes, as they're called-- which are assets that are denominated in currency-- Most of our debts are written in money terms and people can't get over this framing in terms of money.

    我们大多数的固定收入,如其名称-,属于货币标价的资产-,我们的大多数负债货币形式记录,且人们无法逾越这种对货币的心理框架。

    耶鲁公开课 - 金融市场课程节选

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