The definition of fair value retains the exchange price notion in earlier definitions of fair value.
公允价值的定义保留了原定义中对于成交价格的表述。
It is a general phenomenon in the merchandise exchange that production cost decide the exchange price.
“生产价格”决定交换价值是商品交换中的普遍现象。
An HFT might, for instance, lock in a high price by submitting a large sell order to a dark pool just as the exchange price of a share begins to fall.
例如,股票的交易所价格开始下跌时,一个高频交易者可能提交一个大卖单给资金暗池从而锁定当时的高价。
And in fact we know if the price goes to 0, it's delisted from the exchange.
实际上我们知道如果价格是,它就会从交易中退出。
Then the relative price of gold versus silver shifted to the point that the gold with at the twenty-one shilling exchange rate the gold shilling was worth less the gold guinea was worth less than twenty-one shilling.
之后,金子相对于银子的相对价格,就移动到另一个值,在二十一个先令的兑换率下,金先令价值少于,金几尼的价值少于了二十一个先令的价值。
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