If the transfer does not meet this requirement, the two parties to the transaction must account for the transfer as a secured borrowing with a pledge of collateral.
如果转让并不符合这一要求，双方的交易必须转移帐户作为质押担保借款的担保品。
America's two surviving investment Banks, Goldman Sachs and Morgan Stanley, still depend on shorter-term borrowing, usually secured with collateral (see chart).
美国两家幸存的投资银行——高盛和摩根·士丹利，仍然依赖于短期借贷，以及紧紧靠着抵押担保(见本期图表)。
This raises the value of the collateral against which borrowing is secured. It then becomes easier to borrow to buy homes, which pushes prices even higher.
作为贷款担保的抵押品的价格也随之上涨，使得贷款买房变得更加容易，从而再次促使房价上升。
It could soak up those reserves by borrowing from financial firms in the form of secured loans called "reverse repos."
还可以通过从金融机构以某种安全贷款的形式(称为Reverserepos)来拖住储备。
It could soak up those reserves by borrowing from financial firms in the form of secured loans called "reverse repos."
还可以通过从金融机构以某种安全贷款的形式(称为Reverserepos)来拖住储备。
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