我国破产制度对资产证券化运行中的“真实出售”、抵消权及别除权的行使形成诸多障碍。
China's bankrupt system has formed many obstructions against the conversion of assets security in its "actual sale" and in its exertion of the rights of countervail and differentiation.
问题是，匈牙利出售的碳权是企业用过的，抵消碳排放的许可已失效。
The problem with the sale was that Hungarian firms had already used the CERs to offset their own emissions.
所有对债务与衍生品的求偿权都会在全球的帐务合并中被一一抵消，但资本却不会[3]。
All debt and derivative claims are offset in global accounting consolidation, but capital is not.
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