The first is to move away from low-margin offshoring towards higher-value work.
第一,告别低收益的外包服务,转向高附加值的工作。
Each business unit was required to earn a shareholder value-added profit margin of 20% on average over the business cycle.
每种业务须在商业周期内赚取平均20%的股东增值利润。
This may involve higher margin payments or a bigger "haircut" shaved off the value of assets pledged as collateral.
这会包括较高保证金,或是在抵押品打折时“大砍一刀”。
When they created margin rules that the seller had to be borrowing against securities. Just made more money when securities went up more value.
当我们发明保证金制度,卖空证券时需要交担保金,证券升值时能赚到更多钱。
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