Debenture bond. An unsecured bond is called a debenture bond; its value rest upon the general credit of the corporation.
信用债券。无担保的债券称为信用债券，它的价值取决于公司的一般信用等级。
Debenture holders have a prior claim and accept the least risk.
债券持有人有优先索赔权，风险最小。
This is in sharp contrast with some common law jurisdiction in which it is mandatory for listed debentures to appoint a trustee to protect debenture holders' interests.
这与一些普通法管辖区形成强烈对比，这些管辖区强制上市交易的公司债券指定受托人以保护债券持有人利益。
Debentures includes debenture stock, bonds and any other securities of a company whether or not constituting a charge on the assets of the company.
信用债券是指公司发行的债权股证、公债和其它有价证券，不管它们是否构成公司资产抵押。
If debenture interest is not paid, the trust deed may allow the debenture holders to appoint a receiver to sell sufficient assets for the debenture to be paid.
当债务人无法向债权人支付收益时，债权人可以根据契约向指定的委托管理人出售相应的资产来进行偿付。
If debenture interest is not paid, the trust deed may allow the debenture holders to appoint a receiver to sell sufficient assets for the debenture to be paid.
当债务人无法向债权人支付收益时，债权人可以根据契约向指定的委托管理人出售相应的资产来进行偿付。
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