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

In 1860 slaves as an asset were worth more than all of America's manufacturing, all of the railroads, all of the productive capacity of the United States put together.

860年,奴隶作为财产的产值超过了,美国所有的制造业,所有的铁路,和所有产业的产值总和

耶鲁公开课 - 美国内战与重建课程节选

An SIV is a company of a sort that invests in assets and they issue something like asset-backed commercial paper, but it's not a real company because it only exists as an organization sponsored by some bank.

IV类似从事资产投资的公司,同时也发行类似资产担保商业票据的证券,但它不是一家真正的公司,因为它只是由某家银行建立的一个组织

耶鲁公开课 - 金融市场课程节选