securities lender

基本解释

How does a Securities Lender make money?
証券借貸方如何賺錢？
The Borrower and the Lender shall sign this Securities Lending & Borrowing Agreement which shall become a formal and enforceable agreement between the Parties.
借方與貸方簽本有價証券貸借協議，使其成爲雙方之間一正式的可實施的協議。
The Bank Of China has the biggest exposure to American sub-prime related securities of any Chinese lender. Bank Of China would probably report a 30% decline in 2007 profit.
中國銀行在所有中國貸款銀行中首儅其沖受次債危機影響最大，其2007年收益有可能比上年下降30個百分點。

In other words, regulators intend to end the days when subprime mortgages were packaged as securities by the original lender and sold with no further recourse.
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Initially, it described collective investment vehicles, often organised as private partnerships, that specialised in combining two investment techniques, short sales (borrowing a security and selling it in the hope of being able to repurchase it more cheaply before repaying the lender) and leverage (buying securities with borrowed money) in a way that reduced risk.
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In fact, the lender had the ability to sell off the securities in ways that were unusual for garden-variety loans.
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