对于公共事业来说，降低消费意味着减少收益，这基本上没有一个有吸引力的前景。

For utilities, reducing consumption means reducing revenues, hardly an appealing prospect.

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在欧洲，低价、无追索权贷款将会鼓励投资者购买意大利或西班牙债券，而且减少收益。

In a European version, cheap, non-recourse loans would encourage investors to buy Italian or Spanish bonds and bring down yields.

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s Ponce说，Codelco和Freeport公司的钼价下跌，这类曾今可以巩固钢制品的铜矿的副产品，也开始减少收益了。

A drop in the price of molybdenum, a byproduct of copper mining used to strengthen steel, is also cutting earnings at Codelco and Freeport, Larrain Vial's Ponce said.

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They used to pay out typically like 80% of their earnings but it's been gradually going downward and now it's down to like 40%.

过去他们将收益的80%作为股利,但现在正慢慢减少,目前降到了40%

耶鲁公开课 - 金融市场课程节选

People would invest in buildings solely for tax purposes because you could write off the depreciation on the building, so people were cynically setting up DPPs as tax shelters only.

人们可以仅仅为了避税而投资一幢大楼,因为你可以对大楼计提折旧,注,计提的折旧可以抵扣税前收益从而减少应交税金 所以讽刺的是DPP仅被当做了避税工具

耶鲁公开课 - 金融市场课程节选