chapter7-debtsec微urities.pptVIP

L/O/G/O Investment banking part 3：Debt securities Halloween Trick or treat 不给糖就捣蛋 Pumpkin 南瓜 Happy Halloween. 万圣节快乐 Ghost 鬼 Teaching target In this chapter we will talk about what is the debt securities and the general characteristics of debt securities. Debt securities 债务证券 债券：政府、金融机构、工商企业等直接向社会借债筹措资金时，向投资者发行，承诺按一定利率支付利息并按约定条件偿还本金的债权债务凭证。 Bondholder （investor) Note Bankrupt v. 破产 n.破产者 adj.破产的 Bad operation bankrupted the company. 经营不善使得那家公司破产了。 Bankruptcy n. 1.?破产；倒闭2.?彻底失败 He has come down in the world, for his company had gone bankruptcy. 他已经家道没落了，因为他的公司破产了。