If there is a bond that you expect to go into default (it might be a bond backed by a collection of mortgages), you can buy insurance against the resulting loss in the bond's value.

如果你预期一项债券(有可能是受一系列抵押资产支持的债券)将出现违约，你可以购买保险，以弥补债券价值的损失。

youdao

So, , the option premium is like insurance premium a customer pays to an insurance company against possible loss.

张：所以说，期权保险金如同客户为避免可能的损失而向保险公司支付的那种保险金了。 。

youdao

The purpose of insurance is to protect against financial disaster. Any loss that is non-financial cannot be remedied by insurance.

保险的目的是为了防止受到金融灾难的危害。 非金融方面的损失不能用保险来弥补。

youdao

It provided an insurance policy against potential vote loss to Election Day lines and snafus.

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NATO's European pillar should not be presented as a snub to America or an insurance policy against an American loss of interest, but as a necessity, whatever America does.

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We provide unemployment insurance, which protects us against unexpected job loss and facilitates the labor mobility that makes our economy so dynamic.

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