If the price of the associated mortgage bond drops, the homeowner can buy the equivalent face value of bonds at a discount, and use it to redeem the existing home mortgage loan.
如果和贷款关联的债券掉价,业主就能以低价购进等量面值的债券并用之冲抵现有的贷款。
2
Plug-in cars, for example, could be fuelled with electricity at a priceequivalent to 25 cents a litre of petrol.
比如,带插头的汽车可能需要价值相当于每公升25美分汽油的电力供应。
3
Even so, Dell is paying a very high price for Perot, equivalent to 29 times 2010 consensus earnings and a 68% premium to Friday's close.