That reputational exposure will surely attract a more explicitcost in future.
将来该信誉风险的显性成本必然会增加。
2
These institutions have an implicit, or explicit, federal guarantee on their debt that lowers their cost of capital, giving them a permanent competitive advantage.
这些机构的债务拥有隐性和显性联邦担保,这降低了其资金成本,从而赋予了它们永久性的竞争优势。
3
These standards can reduce overall business cost, but the compliance cost falls somewhere, often on testers, and so should be made explicit.