As each toxic loan is transferred to NAMA at a discount, it crystallises losses at the Banks.
由于每笔有毒贷款都按一定折扣转移到NAMA名下，银行的损失明朗化了。
2
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。
3
Borrowing expense refers to interest expenses, discount, premium amortization, auxiliary expenses, loss of exchange, etc. incurred by loan.