She guides her family. Mama hates "going to the bank" -- she means borrowing money.

VOA: special.2009.05.04

For example, Microsoft has avoided borrowing any money and they don't believe in debt, so they are not leveraged.

比如微软从不借款,他们不愿负债,所以没有杠杆性

耶鲁公开课 - 金融市场课程节选

You might have brought in investments or something by borrowing money, so the investment--the combined investment and liability could be very volatile.

你可能通过贷款,进行投资或运行某种项目,因而投资...这种兼有投资,和负债性质的项目,风险极高

耶鲁公开课 - 金融市场课程节选

With a credit card, you are borrowing money every time you use it.

VOA: special.2009.05.21

When they created margin rules that the seller had to be borrowing against securities. Just made more money when securities went up more value.

当我们发明保证金制度,卖空证券时需要交担保金,证券升值时能赚到更多钱。

斯坦福公开课 - 经济学课程节选

The farmers were angry about the high cost of borrowing money,too.

VOA: special.2010.04.15

Well, they created special entities called SIVs and the SIVs would be borrowing money on the commercial paper market to buy subprime loans.

银行建立特殊实体结构投资公司,而结构投资公司,通过在纸货市场借贷,以购入次级债

耶鲁公开课 - 金融市场课程节选

And fourth was the high cost of borrowing money.

VOA: special.2010.06.10

I had made a few bucks playing poker and that's how I started with about eight, ten thousand dollars and I made all this money by borrowing at 90%.

我打扑克牌赚了一些钱,那就是我怎么用八九千美元开始,我的事业的,我用来赚钱的资本都是用以高达90%利率借来的。

耶鲁公开课 - 金融市场课程节选

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

Again, that is a problem that lenders have that the company that's borrowing the money has this unfortunate incentive, at least at certain times, to take excessive risks because the debtors will end up bearing the losses.

这便是贷方遇到的又一问题,即借款公司可能会,抱有此种不良动机,至少在特定情况下会过分地追求风险,这样最终蒙受损失的将是债务人

耶鲁公开课 - 金融市场课程节选

According to Modigliani and Miller, if you add taxes to their debt irrelevance proposition, it means that companies will want to borrow a lot and the real advice they would be giving to Bill Gates is: what's the matter with you? Why aren't you borrowing money?

根据MM理论,如果在负债不相关理论中加入税负因素,就意味着公司愿意大量负债,他们会给比尔·盖茨一个建议,你脑子有问题吗,为什么不借钱

耶鲁公开课 - 金融市场课程节选