清算

FOR America's colleges, January is a month of reckoning.

对美国的大学而言，一月是一个清算的月份。

This is the moment of reckoning!

这是清算的时刻！

Although the liquidation of nearly three billion dollars of brokers' loans contracted credit , and the Reserve Banks lowered the rediscount rate, and the way in which the larger banks and corporations of the country had survived the emergency without a single failure of large proportions offered real encouragement , nevertheless the poisons were there : over production of capital ; over ambitious expansion of business concerns; overproduction of commodities under the stimulus of installment buying and buying with stock-market profits; the maintenance of an artificial price level for many commodities; the depressed condition of European trade .

译文尽管清算了经纪人三十亿美元借贷增加了信用、国家储备银行拿出钱补贴降低了贴现率、大银行和大企业没有蒙受什么损失就渡过难关也使人振奋，但毒素仍然存在：投资过热、盲目上马、分期付款购物和凭股市收益购物造成商品生产过剩、人为调节价格以及对欧贸易不景气。投资过热、盲目上马。（运用我们现在的习惯用语）对欧（对字不能少，不是欧洲贸易）凭股市收益（凭字不能改为用字，文章本意是还未兑现，估计后市可能仍为多头市场，于是提前消费

Article 64 In the event of a merger, division, reduction of registered capital or liquidation, if the company does not send notice to or publish public notices to its creditors in accordance with the relevant provisions, it shall be ordered to remedy the situation and be subject to a fine of at least RMB 10,000 and no more than RMB 100,000 by the company registration authority.

第六十四条公司在合并、分立、减少注册资本或者进行清算时，不按照规定通告或者公告债权人的，由公司登记机关责令改正，处以1万元以上10万元以下的罚款。

Remind them, for thou art but a remembrancer,(21) Thou art not at all a warder over them.(22) But whoso is averse and disbelieveth,(23) Allah will punish him with direst punishment.(24) Lo! unto Us is their return (25) And Ours their reckoning.

你只是一位劝告者，22）你不是监督他们的。23）但背离且不信道者，24）安拉将以最大的刑罚惩治他。25）他们都将归到我这里来。26）然后，他们的清算必由我负责。

Pang plans to ask the court to replace Mr. Mosier with a different receiver.

他说，彭日成打算要求法庭用其他清算人替换莫斯尔。

But once embarked on settling with the traitors, the resoluteness of the most active poor farmers grew faster even than their numbers.

而那些最积极的贫苦农民，一旦投入清算汉奸的运动，却越干越带劲。

Therefore, Bank of China shall, under the fierce occupation from the interbanks and companies, study and analyze the status quo of its PFXR and contrast its strength and weakness of PFXR with interbanks, especially with the international remittance companies on behalf of Western Union, all of which are of realistic significance in the resurvey, rearrangement, and reengineering of the PFXR product at BOC, and improve the competition capability.

本文共分七个章节，通过研究国内外个人外汇汇款发展态势，对中国银行与西联国际汇款公司在客户定位、业务系统、操作流程、清算模式、定价机制等方面进行了对比，正确、客观评估了中国银行个人外汇汇款产品的竞争优劣势，并深入分析了中国银行与西联国际汇款公司合作的利弊，提出了中国银行个人外汇汇款产品的发展规划。

California Governor Arnold Schwarzenegger said yesterday that the day of reckoning is here.

加州州长阿诺·施瓦辛格昨天说"现在是清算的日子了。"

In the relatively well-developed capital market situation, if the new growth for the industry and market of great potential, then the rational investors will be willing to take risks, high debt ratio would mean that the high rate of return, if the new to the industry is not ideal, investors will be for future investments of self-judgment, because rational investors and creditors are fully capable of enterprises through the evaluation of future prospects to determine whether the liquidation value of its assets exceed its liabilities face value.

在资本市场相对发达的情况下，如果新进行业的增长性及市场潜力巨大，则理性投资者会甘愿冒险，高负债率即意味着高收益率，如果新进行业并不理想，投资者会对未来投资进行自我判断，因为理性投资者及债权人完全有能力通过对企业未来前景的评价，来判断其资产清算价值是否超过其债务面值。

The split between the two groups can hardly be papered over.

这两个团体间的分歧难以掩饰。

This approach not only encourages a greater number of responses, but minimizes the likelihood of stale groupthink.

这种做法不仅鼓励了更多的反应，而且减少跟风的可能性。