As I explained earlier, income is more closely associated with paper assets.

就像我之前解释的，收入和纸资产的关系更加密切。

youdao

Unless they can turn in their bonds and exchange them for something else, they're only paper assets.

除非他们兑现了债券并且换成别的东西，否则就只是纸上资产。

youdao

The economic downturn, coupled with fears over sovereign debts in the euro zone, has seen investors turn away from paper assets in favor of base and precious metals.

经济不景气加上欧元区对主权债务的忧虑，投资者们已经把视线从纸金属转到了真金白银。

youdao

An SIV is a company of a sort that invests in assets and they issue something like asset-backed commercial paper, but it's not a real company because it only exists as an organization sponsored by some bank.

IV类似从事资产投资的公司,同时也发行类似资产担保商业票据的证券,但它不是一家真正的公司,因为它只是由某家银行建立的一个组织

耶鲁公开课 - 金融市场课程节选

It's the deluge of near-worthless paper assets that buries us for years to come.

FORBES: Magazine Article

They consist almost entirely of portfolio flows: foreign investors looking to buy shares and other paper assets, not FDI.

BBC: IMF follows the money in Brazil

Be wary of outfits that have a high ratio of debt to tangible net worth (that's the net worth minus paper assets like goodwill).

FORBES: Famous Last Words