The American film-rental chain said current holders of subordinated debt, preferred stock or common stock would get nothing back.

他说次级债非流通股股东如果倾向选择优先股或普通股，将会一无所获。

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If one link in the debt chain stops paying, defaults, the whole thing falls apart.

如果这债务链中有一环停止付款，违约，全面崩溃。

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Bank is typical sector of negative externalities, the important crux lies in dealing with social capital and complex debt chain surrounding social capital.

银行是典型的具有负外部性的部门，其外部性的重要根源在于其经营的主要是社会资本以及围绕其形成复杂的债务链。

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Lee says the Dubai debt crisis is not that large by itself, but may be enough to spark a chain reaction, especially in Europe, where many banks lent money to Dubai.

VOA: standard.2009.11.27

Essentially, it is a chain of debt obligations that is only as strong as its weakest link.

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Smaller manufacturers and service companies, such as Daiei, Japan's biggest supermarket chain, took on debt to expand and are now in trouble.

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The debt-free chain, roughly 50% company owned and 50% franchised, earns very high management marks, too.

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