考研英语专业课考研培训班
面议发布时间: 2019-08-30 19:53:29
今天小编为大家准备了金融考研复试专业英语汇总,希望对大家有所帮助,接下来跟小编一起来看一下吧。 Securitization and Subprime mortgage资产证券化与次级抵押贷款 (1)Subprime mortgagesare mortgages forborrowers with less-than-stellar credit records. (2)Securitizationis the process oftransforming otherwise illiquid financial assets (such as residential mortgages,auto loans, and credit card receivables). which have typically been the mainbusiness of banking institutions, into marketable capital market securities. What’s time-inconsistency problem?时间不一致问题 Thetime-inconsistency problemis something we deal with continually in everyday life. We often have a plan that weknow will produce a good outcome in the long run, but when tomorrow comes, we justcan't help ourselves and we deny our plan because doing so has short-run gains. In other words, we find ourselves unable to consistently follow a good planover time, and the good plan is said to be time-inconsistent and will soon beabandoned .
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