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1·TANGIBLE COMMON EQUITY, n., unknown origin.

有形普通股权益(TANGIBLE COMMON EQUITY)，名词，起源未知。

2·But it is not a substitute for common equity.

但是它不能替代普通股。

3·In theory, how much common equity might America's top ten need?

理论上，美国最大的十家银行可能将需要多少普通股？

4·That's almost three times the value of WorldCom's own common equity.

这几乎价值的三倍，世界本身的共同权益。

5·There simply are no other ways to increase returns on common equity.

根本没有提高普通股资本回报率的其他方式。

6·Coca-Cola has no tangible common equity. But they've got huge earning power.

可口可乐没有有形普通股权益，但可口可乐有巨大的盈利能力。

7·This is sometimes because they hold a privileged class of shares that carry more votes than common equity.

有时这是因为他们持有的优先股股份比普通股票拥有更多的投票权。

8·Therefore when designing the corporate governance, we should set up a reasonable common equity structure.

因而，在设计公司治理结构时，应当首先设置一个合理的股权结构。

9·But it would apply to all subordinated securities and would be at least equivalent in value to the common equity.

但它将适用于所有次级证券，并至少与普通股等值。

10·The minimum level for common equity is not due to take effect until 2015, and the additional buffer not until 2019.

到了2015年，使普通股达到最低水平的规定才能生效，而履行附加的缓冲金的规定则要等到2019年。