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The Group rents out its club debenture under operating leases.

本集团根据经营租约租出其会所债券.

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Debenture holder has priority over ordinary shareholder.

债券持有人比普通股东享有优先权.

《简明英汉词典》

Thus it can be seen, may exchange the debenture issue demand to be exuberant.

由此可见, 可交换债券发行需求旺盛.

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If an applicant meets the school's standards, a debenture places him atthe head of the queue.

符合学校标准的申请学生,如持有债券就可优先考虑.

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Debenture holders have priority over ordinary shareholders.

公司债券持有人有优先于普遍股东的权利.

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