There are lots of costs, so you want to have a loan-to-value ratio, which is sufficiently low, that the collateral will cover the value of the loan.

那是一大笔开销,因此你要设定一个足够低的,贷款价值比率,使得抵押物价值能够为贷款提供保障

耶鲁公开课 - 金融市场课程节选

Low Value Consignment Relief, which allowed companies based in the Channel Islands to send low value goods to the UK without paying VAT, was abolished in April 2012.

BBC: Jersey and Guernsey jobs cut by Condor Logistics

Mr Keen said the loss of a tax-loophole allowing Jersey companies to sell low value good to the UK VAT free had had a "massive impact" on his business.

BBC: Jersey Post boss says internet keeps stamps cheaper

Chief Minister Lyndon Trott announced the States would challenge the UK Treasury's decision to end Low Value Consignment Relief to the Channel Islands, claiming it is discriminatory.

BBC: Deputy Barry Brehaut