"But we also have to recognize that if markets are skittish and don't have confidence that we can tackle the tough problems of our medium- and long-term debt and deficits,then that also is going to undermine our recovery."
VOA: standard.2010.06.27
Then if you fail to pay on the mortgage--pay off the debt -the lender can seize the property and sell it.
然而如果你无法偿还贷款,贷方可以没收这项财产并出售
If debt becomes high relative to their revenue stream then the company is in a riskier situation.
如果负债与收入高度相关,则公司的风险性很高
I want then finally to talk about Modigliani-Miller and debt.
我想最后讲讲MM模型和债务的问题
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