借款人的资产价值小于其负债(考虑到应急帐户及预期负债)。
The value of the assets of the Borrower is less than its liabilities (taking into account contingent and prospective liabilities).
从依赖预期回报率转向死亡率能够有效地平衡资产负债,而不需依赖股东、保单持有人或监管者的智慧。
Tweaking an expected return here or a mortality rate there could magically bring both into balance, often without shareholders, policyholders or regulators being any the wiser.
在不可预期的将来,一份含糊不清的高税收负债的威胁,为什么这些就得促使他们存更多的钱呢?
Why would a vague threat of higher tax liabilities at some unspecified future date impel them to save more?
应用推荐