It has to have a contract design; that would be a document, which is a contract between the insured and the insurance company.

它必须有合同设计,那是一个文件,也就是被保险人和保险公司签订的合同

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In practice, when firms try and have these agreements, which are not contracts, to try and produce joint monopoly output, what else goes wrong?

现实中,公司想要达成这样的协议,而非合同,想要维持垄断产量,还会遇到什么问题呢

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An option is a contract that says you can buy so many shares of a company.

期权就是指你可以,在公司里购买多少股份的一份合同

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In the SIV contract, there was some language that implied that if the SIV ever went bankrupt, the bank would come back and rescue them.

结构投资公司的合同中包含着这样的条款,如果结构投资公司破产,银行会拯救他们

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They're the ones--there are other people who have contracts with the company, like the employees, but the employees are not shareholders; they are receiving salary or something else.

还有其他,和公司签订了合同的人,像员工,但员工不是股东,他们拿工资或其他东西

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