Tier 1 capital includes common and preferred stock, cash reserves and certain other long-term "hybrid" securities.

一级资本比率包括包括普通股和优选股，现金储备，以及其他长期混合型证券。

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Therefore, limited conditions of financial lever should be researched carefully, such as common stock net capital, loan interest operating risk and condition of cash flow.

所以，利用财务杠杆筹资就要研究财务杠杆作用的限制条件，如普通股资本净值、借款利率的高低、经营风险的大小、现金收支的状况等。

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Preferred stock, as a stock prior to the rights of common stock, it can achieve the flexibility of redeploy and management of the company capital.

优先股作为一种有优先于普通股权利的股份，能够实现公司资金调配和经营上的灵活性。

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Proceeds will be used to meet working-capital requirements, to repurchase common stock, to refinance debt, or for general corporate purposes, filings show.

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The capital that earns a variable return--the equity, the common stock--is taxed twice.

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If a government recapitalisation does prove necessary, the treasury is likely to take one of two routes: a preferred-stock investment that allows the agencies to raise more capital of their own, or nationalisation through a common-equity injection that leaves current owners with nothing, and thus offers the taxpayer a better deal.

ECONOMIST: American finance