The other thing is moral hazard -this is that companies, once they borrow money from anybody, a bank or anyone else, they have an obligation, which is fixed in dollar terms.

另一个问题是道德风险,意思是说,一旦公司借了钱,无论是从银行还是其他渠道,他们就背负了一种义务,金钱的义务

耶鲁公开课 - 金融市场课程节选

In a typical interest-rate swap, one party agrees to exchange a fixed-rate obligation with another that has a floating, or variable, rate exposure.

ECONOMIST: The fallout from the bankruptcy of Lehman Brothers

Southern Cross, in particular, has found itself with a fixed, and increasing, rental obligation that it cannot meet.

FORBES: To Whom Do I Owe a Duty of Care?

Many countries, America included, have designed student debt primarily as a mortgage-like obligation: it is repaid to a fixed schedule.

ECONOMIST: Student loans