举债权 meaning in English

borrowing powers

It point out that the essential of municipal bond is the problem on repaying debt and assuring to local governments , the key factor is to enhance credit through credit enhancement , the extrude specialty is its revenue of interest except from tax . after analyzing an obligation and revenue bonds , it studies the origination : its issue principal part , the usage of financing , investors and intermedium ; the steps on the control of risk : the restriction on rights to creditor and the volume of debts ; the special regulation department ; the wide exertion of market and the clear duty system and guarantee on repaying
在分析一般责任债券和收入债券后，探讨了市政债券市场的运作，具体分析了市政债券的发行主体、资金用途、投资者和中介机构；在此基础上，深入研究了美国市政债券市场的风险防范措施：法律对举债权和举债规模的严格限制、设置专门的监管机构、广泛发挥社会的监督力量、建立清晰明确的责任体系和通过保险加强债券的清偿保障。