Now, the critical thing to understand about a corporation is that in order to value a share in a corporation you absolutely have to know the number of shares outstanding.

理解这类公司的关键在于,要衡量一家公司股票的价值,你必须清楚总共发行的股票数量

耶鲁公开课 - 金融市场课程节选

These are insurance--or P&C--these are insurance companies that insure the value of a home or a business or an automobile.

简称P&C,这类保险公司,专门提供住宅,商业和汽车财产保险

耶鲁公开课 - 金融市场课程节选