恶意抵押指有多个普通债权人的债务人仅与债权人之一设定抵押，以减少债务人的一般担保，而侵害其他债权人的利益的抵押。

The mortgage settled by the debtor with one of common creditors to reduce his general property and do harm to other creditors is called malicious mortgage.

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中国金属的海外债权人能否收回资金取决于债券是否有本地资产担保或是有海外实体持有的抵押品担保。

The ability of FerroChina's foreign creditors to recover the debt depended on whether it was backed by onshore assets or by collateral held in an offshore entity.

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