• So what banks offer is liquidity -the ability to borrow short even though the loans that are made are long-term.

    而银行就提供了流动性,即接受短期存款,但可以发放长期贷款的能力

    耶鲁公开课 - 金融市场课程节选

  • Now incidentally, often bank loans to corporations are short-term, technically, so the bank is both lending short and borrowing short.

    顺便说一下,技术上讲,银行借给公司的都是短期贷款,银行同时进行短期借贷业务

    耶鲁公开课 - 金融市场课程节选

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