The other thing that a company can do to get money out is share repurchase-- stock repurchase or share repurchase It's perfectly--this sometimes surprises people when they first think about it.

另外一个可以让公司,收回投资的方法是股票回购,股票回购或者股份回购,最初看到这一方法时,人们可能会十分惊讶

耶鲁公开课 - 金融市场课程节选

But when you look at the experience of Britain and the Dutch Republic, they do share things that, in a way, determine the kind of political economy that they would have.

但当你反观英国和荷兰共和国历史时,会发现他们都有一些共同点,在某种程度上,这些特点,决定了他们所具有的政治经济的类型

耶鲁公开课 - 欧洲文明课程节选

But typically, in the United States, they do splits to keep the price of a share somewhere in the $20 to $40 range; there's interesting literature on why they do that.

一般来说,在美国,分割旨在将每股价格,维持在20到40美元间,为什么这样做呢,有一个很有趣的理论

耶鲁公开课 - 金融市场课程节选

Or, for that matter, if you've got some quick reactions or thoughts or responses to the arguments that I'm laying out and you want to share them with the class as a whole, then very much I want to invite you to do this.

或者，关于那一点，如果你很快有回应,以及关于那个争论的想法或者反应,那么我会敞开胸怀,如果你想和全班同学分享这个，我会非常想邀请你这样做的。

耶鲁公开课 - 死亡课程节选

It's kind of like the average price of a share adjusted for splits because you don't want the--obviously when they do a two-for-one split, the price falls in half and that's meaningless, so you want to correct for splits.

有点像经过分割调整的股票平均价格,因为你不想,当一股分割成两股,价格下跌一半,这是没意义的,所以要修正分割

耶鲁公开课 - 金融市场课程节选