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He has a new name for it -I think it's called Home Equity Protection Corporation -but almost the same idea.
他已经想出了一个新名字,我想应该是叫做住房资产保护公司,但是这几乎跟房主贷款公司是一样的
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Yale University is a non-profit corporation; the price of a share in Yale University is undefined-- it's zero over zero.
耶鲁大学可以看作是个非盈利组织,它的股价无法定义,是零除以零
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Now ultimately, the purpose of investing in a share is to get the dividends; that's the whole named purpose of the corporation.
股票投资是为了取得股利,这也是公司明确的目标
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There's the insurance company, could be a corporation and it could be either a non-profit corporation or a for-profit corporation owned by shareholders.
一个保险公司,可以是,非盈利性股份公司,也可以是以盈利为目的的股份公司
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When you create a corporation, you write up a contract, which specifies the rules of the corporation; it's like a constitution for the corporation.
创建公司时,你会起草一份协议,其中规定了公司的条款,就像公司的宪法一样
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Well actually, we have some voting among alumni I guess, but it's not a for-profit corporation.
实际上,在校友会活动中还是会投票的,但这不是个盈利性公司
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The classic example of a company that did this -it's a classic now--is Enron Corporation.
在此方面,敢冒大不韪的一个经典例子,非常经典,是安然公司
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Here's ten years worth of data from the Frank Russell Corporation, the benchmark Wilshire 5000.
这是来自罗素公司的,十年数据,道琼斯威尔希尔5000指数
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People on Wall Street found that difficult to say -Federal National Mortgage Corporation- so they nicknamed it Fannie Mae; it sounds like a woman's name.
华尔街的人觉得这名字很拗口,联邦,国民,抵押,贷款,协会,所以给它起了个昵称,房利美,这听起来像个女性名字
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As it's evolved in modern times, the corporation has a charter or bylaws.
而如今,这些关系得到了改进,公司有了许可证和规章制度
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But when we say "person," it also-- that's more general--it also includes corporation.
但"法人"这个词,更加广义,也指代公司
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The state law probably requires that a corporation have a board of directors, but it's also something that can be defined at the time that you create the corporation in the bylaws.
州法规定,公司必须要有董事会,但还有一些规定,是你在制订公司制度时自由规定的
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A corporation is an entity that could be sued or could lose more money than it's worth, but the value of a corporation can never fall below zero to the investors because the investors are not liable for the mistakes of the corporation.
公司是一个实体,它可能被起诉,或者亏损额超过了自身的价值,但是对于投资者而言,公司的价值永远不会小于零,因为投资者对公司的过失,不负有责任
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A limited partnership is one kind of DPP and it has--it's not a corporation, so it's a partnership.
有限合伙制是DPP的一种,它不是公司制,而是合伙制
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The word "corporation" comes from the latin corpus meaning body, so it's an embodiment.
公司"这个词来自于拉丁文corpus,意思是身体,所以法人是种化身
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