British counterpart, speaking over breakfast, compares the process of transferring risk around the financial system to spreading butter on toast. With luck, he says, the butter will not be rancid.

他的英国同行则在早餐饭桌上拿金融系统内转移风险的过程和在面包上涂奶油的过程作比较，他说，幸亏奶油不会发酸变臭。

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Transferring risk will not reduce the severity of the risk; it only removes the risk from one party and transfers it to another party.

转移风险不会降低其可能的严重程度，只是从一方移除后转移到另一方。

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Army leaders may have belatedly wised up to the fact that every additional performance requirement comes at a price, but their solution of transferring risk to industry is just going to accelerate the migration of contractors into other lines of work.

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Derivatives and other tools of financial engineering can be used to manage risk better by hedging positions and transferring unwanted risk to a counterparty, which is what banks say they mostly use them for.

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It would also be transferring the risk associated with patient care to investors.

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