1) Debt Contract
债务契约
1.
For example,debt contract get used to using price mechanism which is the invisible hand, and that equity contract get used to using power mechanism which is the visible hand.
创业者协调其与物质资本所有者的交易冲突有不同的契约形式,债务契约主要是利用价格机制(利率)这只“看不见的手”来进行市场协调,股权契约则是利用权威机制这只“看得见的手”来进行内部协调。
2) debt covenant
债务契约
1.
The difference of creditors in restriction and supervision is studied through three kind debt covenants.
通过三类具体的债务契约分析各类债权人对企业约束和监督存在的差异,并对如何提高我国债权人的监控效率,提出了四项制度安排。