We saw record price declines on a monthly basis for fourteen of our twenty cities that we reported.

我们看到记录中价格每月,在报告中的二十个城市中的十四个城市下跌。

耶鲁公开课 - 金融市场课程节选

So, that's a funny property of conventional mortgages -that the mortgage balance declines very slowly at first and then it falls rapidly when it comes to maturity.

这是普通贷款很有意思的特性,即贷款余额在起初减少的非常缓慢,但随着到期日的临近,便会加速递减

耶鲁公开课 - 金融市场课程节选

It's changing the number of shares outstanding, so the value of the company declines by the same amount; it has to, as if they had just paid a dividend.

它改变了发行股数,所以公司价值减少了相同的数量,必须如此,就好像支出了股利一样

耶鲁公开课 - 金融市场课程节选