It's called the endowment effect.
这被称为禀赋效应。
What is the endowment of Yale?
耶鲁的捐赠基金是什么？
Harvard's endowment is valued at thirty-five billion dollars.
哈佛的捐赠基金价值350亿美元。
How has Yale's endowment dealt with the falling house prices?
耶鲁基金是怎样应对房价下跌的？
At that time the Yale endowment was actually slightly under one billion dollars.
在那时，耶鲁的基金，实际上略少于十亿美元。
Eliot recommended a university and told them the endowment should be $5 million.
Eliot建议他们创办一所大学并告诉他们费用应该是500万美元。
Yale's endowment is the second largest after Harvard, at twenty-two and a half billion dollars.
耶鲁的捐赠基金仅次于哈佛排第二，达225亿美元。
The proceeds will create an endowment to cover the fund's operating expenses and help expand its lending.
所获利润将用作该组织的运营经费并且扩大该组织的借贷能力。
Harvard's is the nation's largest university endowment and provides about a third of the annual operating budget.
哈佛大学获得的捐赠基金居全美高校之首，其年度预算的三分之一都来源于此。
He came to Yale from Wall Street in 1985 and at that time the Yale endowment was worth about one billion dollars.
985年他从华尔街来到耶鲁，当时耶鲁大学捐赠基金总额是10亿美元。
This is a kind of interior design style which is influenced by Minimalism and with a flavor of "small endowment".
这是一种在简约主义影响下衍生出来的一种带有“小资”味道的室内设计风格。
In the year to June 2009, the value of the assets held in the Harvard and Yale endowment funds fell by over 25 per cent.
截至2009年6月的一年里，哈佛和耶鲁捐赠基金所持有的资产价值缩水25%。
Yale also has a physical plant, like this beautiful building that we're in, but that's not part of the endowment either.
耶鲁还有一些实物产业,例如我们所处的这栋漂亮的建筑,但是它们也不是基金的一部分
Moreover, donations are mostly too small and irregular to support long-term endowment schemes or big capital projects.
另外，这些捐款数额太小，而且捐助不固定，因此没办法用来支持长期的捐助计划或者大型的资本项目。
You managed Harvard's endowment during a turbulent time, and you advise several other endowments and state pension funds.
您曾在一个暗流涌动的时期掌管哈佛捐赠基金，也曾给诸多捐赠基金及国家养老金提供咨询。
Market timing can be difficult, but I suspect some degree of it will increasingly be worked into endowment-allocation models.
择时操作并非易事，但我推测这种做法会越来越多地进入到基金会的配置模式中。
Given our strategic locations and resource endowment, each of the three has an important role to play in the international affairs.
中欧美作为世界三支重要力量，各自拥有独特的战略地位和资源优势，在国际事务中都有着重要影响。
In 2006, billionaire investor (and Bill Gates buddy) Warren Buffett effectively doubled the foundation's endowment by pledging $31 billion.
2006年，亿万富翁（也是比尔.盖茨的好友）“股神”沃伦.巴菲特承诺捐赠310亿美元给盖茨基金会，使得这个慈善机构的捐赠基金翻了一番。
Harvard has by far the largest endowment of any American university, thirty-five billion, followed by Yale at twenty-two and a half billion.
哈佛大学拥有350亿美元的捐赠基金，是美国大学中最有钱的学校。其次是耶鲁大学，有225亿美元。
The initial endowment of the Carnegie Corporation, at $125m ($3 billion in today’s money), exceeded the total value of all American foundations at the time.
卡耐基基金会最初的一笔捐赠为1.25亿美元（在今天价值30亿美元）超过了当时全美所有基金会总共的价值。
Four years ago the endowment released the report “Reading at Risk, ” which showed that fewer than half of Americans over 18 read novels, short stories, plays or poetry.
四年前，基金会发表过一篇名为“阅读面临危机”的文章，表明美国满18岁的成年人读小说、短篇、戏剧和诗歌的人数不超过一半。
In all, the average college endowment lost 2.7 percent in the fiscal year that ended June 30, 2008, according to Commonfund, an organization that manages many colleges' endowments.
总体看来，据Commonfund（该组织负责管理多所大学的捐款）统计，截止2008年6月底该财政年度大学捐款平均缩水2.7%。
While wealthy schools can fare better in a downturn, they are also seen as vulnerable to prolonged market slumps because they tend to fund a greater portion of their budget from their endowment.
虽然财政状况较好的大学在金融危机中不至于太难，但由于它们比其他学校更依赖捐赠基金，因此也会受到市场长期萧条的影响。
While wealthy schools can fare better in a downturn, they are also seen as vulnerable to prolonged market slumps because they tend to fund a greater portion of their budget from their endowment.
虽然财政状况较好的大学在金融危机中不至于太难，但由于它们比其他学校更依赖捐赠基金，因此也会受到市场长期萧条的影响。
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