Risk is the causation of unexpected losses, and capital is the buffer of unexpected losses.

风险是金融机构产生非预期损失的原因，资本金是金融机构的非预期损失缓冲器。

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Used to describe situations where multiple companies are using shared capital to buffer against risk occurring in separate entities without the proper documentation of exposure.

双杠杆是指多家公司使用共同的资本金缓冲风险，而实际上其中每家公司来说没有达到抵御风险的水平。

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Used to describe situations where multiple companies are using shared capital to buffer against risk occurring in separate entities without the proper documentation of exposure.

双杠杆是指多家公司使用共同的资本金缓冲风险，而实际上其中每家公司来说没有达到抵御风险的水平。

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