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1.pay down 偿还
The Treasury plans to pay down about $1.58 billion on the federal debt.
财政部计划偿还约十五亿八千万美元的联邦债务。
2.custodian 管理人，监护人
A custodian or trustee is appointed to oversee the debtor's property to protect it from loss.
指定一位监护人或管理人来监管债务人的财产免受损失。
3.run out of 用完
Local authorities will run out of money part way through the financial year.
地方政府等不到财政年度结束钱就会花光。
4.defer 推迟，延期
The company agree to defer payment for three month.
公司同意延期三个月后付款。
5.labor force 劳动力
To be internationally competitive, the shrinking labor force will need to transform itself from low-cost to high-skill.
为了具备国际竞争力，缩水中的劳动力必须完成从低成本到高技能的转型。
