在公司未发行优先股的情况下，普通股与股本常常可以互换使用。
The terms common stock and capital stock are often used interchangeably when the company has no preferred stock.
我国发行的股票都是普通股，但是若发行优先股也是有法律依据的。
The stocks issued on the stock exchanges in China are all common stocks. However, the issuing of preferred stocks is also in conformity with the law.
但是进一步说，扣减率的高级债务和类似于救市计划发行的证券的优先股，都会由于自身的不稳定性，给决策者带来难以承受的风险。
To go further, however, and "haircut" senior debt or even existing preferred stock similar to that issued via the TARP would create an instability policymakers should not want to risk.
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