Members of a new, “hard” European currency would leave behind a stock of depreciating euro debt and might be rewarded by lower borrowing costs on debt issues in the new currency.

新的硬欧洲通货的成员将面对一些贬值的欧元债务并且采用新货币的好处是债务的借贷成本将减少。

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Bond investors have worried most about countries with big borrowing needs adding to an already high stock of debt.

债券投资者们最担心的是那些债台已经高筑还需要大规模举债的国家。

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If you're borrowing money for a business, you might want to open a store and you'd want to stock your merchandise and your business won't prosper for a couple years.

如果你是为了经营活动贷款,比如要开一家商铺,或者是要进货,或者你的生意在最初几年都要贴钱

youdao

If you're borrowing money for a business, you might want to open a store and you'd want to stock your merchandise and your business won't prosper for a couple years.

如果你是为了经营活动贷款,比如要开一家商铺,或者是要进货,或者你的生意在最初几年都要贴钱

耶鲁公开课 - 金融市场课程节选

Some companies have taken issue with how this stock borrowing program is run, saying it can be used for manipulative purposes.

FORBES: More Shots Fired In The Shorting War

It also runs a stock borrowing program for member firms that are engaging in short-selling or other market-making activities where borrowing securities becomes necessary.

FORBES: More Shots Fired In The Shorting War

Since there is very little available float, it appears that some of these shorts are naked (which means they improperly shorted the stock without borrowing the shares first).

FORBES: Magazine Article