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If a bank 's shortfalls wipe out equity and subordinated debt , either taxpayers or bondholders must absorb any further losses .

如果一家银行的亏空勾销了股权和次级债务，那么任何进一步的损失必须由纳税人或债券持有人承担。

Some firms are rewarding employees with subordinated debt in their own institutions , meaning they will take a hit if the bank goes bust .

有些公司将本公司的次级债券奖励给员工，也就是说，如果银行破产，他们也会受打击。

Ireland 's finance minister , brian lenihan , ruled out imposing losses on senior creditors , but said he expected subordinated debtholders to take a hit .

爱尔兰财政部长brianlenihan，他划去了强加给优先债权人的损失，但说他希望拥有次级债券的债权人来施加影响。

It also said forstmann was known for innovations including a " unique subordinated debt fund that enabled the firm to finance acquisitions without issuing junk bonds . "

他们还表示福斯特曼以创新包括“独特的次级债务基金可以为公司收购提供资金而不用发行垃圾债券”而闻名。

Nonetheless , some in japan feel the country has subordinated itself to america , and this has riled nationalists .

但某些日本人感到他们的国家好像是美国的附庸，这激怒了民族主义者。