因此，在其他因素一定的情况下，企业筹资应优先考虑债权资本。
Therefore, business enterprise should give debt financing a prior role under the certain circumstance that other factors are certain.
西方财务理论认为，由于风险和税收的原因，债权资本成本远远低于股权资本。
According to the western financial theories, the cost of debt capital is lower by far than that of equity capital because of risk and tax.
国际金融公司想要管理基金，募集资本，交易证券，包括股份、债权和衍生品。
The global firms would like to manage funds, raise capital and trade securities, including shares, debt and derivatives.
财政部正在为他们的资本做最后担保，美联储也通过在公开市场上购买它们价值2000亿美元的债权来帮助他们偿还债我。
The Treasury is backstopping their capital and the Fed is helping them refinance their debts by buying up to $200 billion of their bonds in the open market.
许多债权人仍被那些破产的“老”银行套牢，然而，一旦新银行的剩余价值超过公共资本的剩余价值，债仅人将获得这些银行的债券或股份，以作为补偿。
Most creditors are stuck in the bankrupt "old" Banks, but if any surplus value emerges in the new Banks beyond that of the public capital, they will get bonds or shares in them as compensation.
在债权人无法避免一个坏交易的国家里，资本的公司成本将显著上升。
In countries where creditors cannot avoid a raw deal, companies' cost of capital could rise sharply.
由法庭提供来自债权人的保护意味着不必彻底清算所有资本，但是很少有证券公司还能从破产中重生。
The protection from creditors afforded by the court means there needn’t be an outright dump of assets but very few securities firms ever rebound from bankruptcy.
由法庭提供来自债权人的保护意味着不必彻底清算所有资本，但是很少有证券公司还能从破产中重生。
The protection from creditors afforded by the court means there needn't be an outright dump of assets but very few securities firms ever rebound from bankruptcy.
为了应对潜在的损失，这些金融机构必须持有数量相对庞大的资本金。同时为了满足债权人可能的还款要求，此类机构也必须同时持有数量较多的现金。
Such institutions would be required to hold relatively large amounts of capital to cover possible losses, relatively large amounts of cash to cover possible demands from creditors, and so on.
按照高盛的说法，欧洲银行的压力测试不太可能迫使主要的公开列入名单的债权人通过出售股份来增厚他们的资本。
Stress tests of European Banks aren't likely to force major publicly listed lenders to bolster their capital by selling new shares, according to Goldman Sachs Group Inc.
作为一个整体，他们不再需要依靠国外资本：他们共同经历经常账户盈余，而得益于巨额存款和减债，他们现在是外债的债权国。
As a group they are no longer financially dependent on foreigners: together they run a current-account surplus, and thanks to large reserves and reduced debts, are now net foreign creditors.
“长资本期”的债权人包括，贝尔斯登，美林证券，和雷曼兄弟，这帮人的投资以后愈加肆无忌惮，最终各自不同程度的吞下了恶果。
The major creditors of the fund included Bear Stearns, Merrill Lynch and Lehman Brothers, all of which went on to lend and invest recklessly and, to one degree or another, pay the consequences.
假定销售增加一倍，公司的营运资本为正，而目前的债权人提供的贷款额度没有增加，你能预见什么情景？
Assume that sales double, the firm operates with positive working capital position and the commitments from current creditors do not increase. What scenario do you foresee?
经济衰退期的债权国家是资本的天堂，只是总带着一些事与愿违的不良后果。
Creditor nations are havens for capital in a downturn, with some perverse consequences.
法定资本制度下防范有限责任的风险主要由股东和公司承担，对债权人利益的保护亦采取事先预防的方式。
Under statutory capital system, it is shareholders and corporations who shall bear the risk of limited liability, and the protection to the benefits of creditors has been made in advance.
资本结构；公司治理；债权治理。
初创公司的债权可能与股权的风险一样，但是却不提供任何资本增值作为补偿。
The debt of a start up could be just as risky as equity but without offering any capital appreciation as compensation.
资本三原则是为弥补有限责任制度的缺陷、保护债权人而创设的。
Three capital principles were designed to make up the deficiency of the limited liability system and for the protection of the creditor's rights.
公司资本的担保功能在实践中并未起到充分保护公司债权人的作用，相反，却限制了公司便利筹资、自由经营的空间。
The guarantee function of the corporate capital did not exert efficient influence in practice, by contraries, it restricted the freedom of the corporation to collect funds and manage itself.
债权人为优化公司资本结构作出了重要贡献，债权人是公司资本重要的提供者，有时远远超过了股东。
Creditors as an important provider of capital has made important contributions to optimize the capital structure of the company creditors, and sometimes it is far more than the shareholders.
高级银行债权人只信任上帝或对混合资本的压榨了。
In God, and in the squashing of hybrid capital, do senior bank creditors trust.
只有将来社会信用机制以及保障债权人合法利益的其他制度健全的情况下，才可以实施比较灵活的折衷授权资本制度或者授权资本制度。
Only in a future society where the credit mechanism is perfect and the legal interest of creditors is guaranteed can a relatively flexible authorized capital system be implemented.
另一个资本家代替甲成了公众的债权人，而甲则代替这个资本家成了生产(或可用于生产的)资金的所有者。
Another capitalist substitutes himself for a as a mortgagee of the public, and a substitutes himself for the other capitalist as the possessor of a fund employed in production, or available for it.
但是由于股权价值的不稳定性，容易对公司的资本安全和债权人的安全造成威胁。
However, due to the volatility of equity value, it's a threat to the security of company's capital and creditors' interests.
公司资本的充实与否，直接影响着公司的生产经营、股东和债权人利益的保护以及社会交易安全的维护。
That whether the corporate capital is sufficient affects corporation 's operation and the protection of interests of creditor and shareholders thereof.
从解决企业筹资困境的制度与立法分析中可获知，公开发行公司可采用“无面额股”或“低面额股”的方式来发行股票；资本维持原则只能在某种程度上保障债权人的权利。
By analyzing the system of the company capital raising fund as well as its lawmaking, companies can issue publicly its stocks by means of "no par value stock".
随着资本撤出这一地区以及五国的货币汇率下调或跌落，外国债权人开始感到恐慌。
As capital was withdrawn from the region and the exchange rates of the five countries depreciated, or fell, panic set in amongst foreign creditors.
人力资本出资者应当享有有限责任，同时可用公示制度来平衡出资者与债权人的利益。
Thus, he urges that human capital investors should take limited liability while a publishing framework can be adopted to balance the rights of investors and creditors.
它等于企业全部资产的市场价值与股东、债权人投入企业的资本额之间的差额。
It equals the balance between the market value of the enterprise's total assets and the capital amount that is put in by the Stockholders and creditors.
它等于企业全部资产的市场价值与股东、债权人投入企业的资本额之间的差额。
It equals the balance between the market value of the enterprise's total assets and the capital amount that is put in by the Stockholders and creditors.
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