美化

We borrow money against portfolios of interest-bearing receivables whose risk characteristics we understand. We did this in 2001 when we guaranteed $5.6 billion of bank debt to take over, in partnership with Leucadia, a bankrupt Finova (which held a broad range of receivables). All of that debt has been repaid. More recently, we have borrowed to finance a widely-diversified, predictably-performing portfolio of manufactured-home receivables managed by Clayton. Alternatively, we could "securitize" that is, sell these receivables, but retain the servicing of them. If we followed this procedure, which is common in the industry, we would not show the debt that we do on our balance sheet, and we would also accelerate the earnings we report. In the end, however, we would earn less money. Were market variables to change so as to favor securitization, we could sell part of our portfolio and eliminate the related debt. Until then, we prefer better profits to better cosmetics.

2我们也会举债用来买进有利息收入且我们了解其风险属性的应收帐款，像我们在2001年就与 Leucadia 合作联合对当时破产的融资公司 Finova给予56亿美元的债务担保，目前该笔借款业已清偿完毕，而最近，我们也借钱给子公司 Clayton 房屋以协助其买进风险相当分散且容易预估绩效的房屋贷款债权，当然我们大可以像其它同业一样将这些债权证券化卖掉，只保留后续的服务部份，如此我们帐上不但可以降低负债比例，而且可以达到美化帐面的目的，但如此一来，我们却必须牺牲部份利润，除非市场真的转变，使得证券化较有利，我们才可能出售部份应收帐款以降低负债，在这之前，我们宁要里子不要面子。

Are free to move, the product is not only a paper towel holder, but also as a Trolltech decorations beautification, embellishment to your living room.

可随意移动，产品不仅是纸巾架，更做为一件奇趣的装饰品美化、点缀你的居室。

Or you could add diced ham, red or green peppers or maybe even some sauted onions as great fillings for your omelet.

或者你可以加些火腿片，红色或绿色的胡椒，最好也可以加些炒熟的葱蒜，这就可以美化你的蛋饼了。

In recent years, the park has set up a flower shop, flowers, service centers, Green Service Center, for the people of the provincial capital green courtyard, landscaping, such as room service.

公园近年来先后成立了花艺店、花卉服务中心、绿化服务中心，为省城人民提供了绿化庭院、美化居室等服务。

Roofers, landscape gardeners and solar-panelinstallers use the virtual maps to scout for potential customers.

盖屋顶的人、庭园美化师和安装太阳能板的人使用虚拟地图搜索潜在的客户。

Marble and granite slab , tile , paving stone , landscaping , fireplace , countertop , tombstone

类别： 地板和瓷砖，厨房工作台面，空顶，桌面，花园和景观美化，花岗岩，石雕，雕刻品

Marble and granite slab , tile , paving stone , landscaping , fireplace , countertop , tombstone

类别： 厨房工作台面，空顶，桌面，花园和景观美化，花岗岩，石雕，雕刻品，地板和瓷砖

Work with Sally to beautify everyone from little old ladies to punk rockers in 10 unique salon locations.

工作与莎莉，以美化每个人都从少老太太，以朋克摇滚乐队在10个独特的沙龙的位置。

Pavilions, halls, rockeries and ponds display the finest in landscaping from the Southern style as seen in the Ming and Qing dynasties.

展览馆，音乐厅，假山和池塘，展示最优秀的，在美化环境，从南部的作风，出现在明清时期。

They are the first-choice new-typed material on the present market for the forming of scenic city propers, scenic residential quarters, and beautifying the municipal environment.

该产品在构造景观城区、景观小区、美化城市环境方面是目前市场上首选的新型材料。

Plunder melds and run with this jewel!

掠夺melds和运行与此宝石！

My dream is to be a crazy growing tree and extend at the edge between the city and the forest.

此刻，也许正是在通往天国的路上，我体验着这白色的晕旋。