government bond; public debt
Tone colorsmāmámǎmàma
Meanings
1 sense · 4 examplesnoun
public debt; government bond
formalRefers to debt securities issued by a government (central, state, or local) or government agencies to finance public spending. Commonly includes treasury bonds, municipal bonds, etc.
Zhèng政
fǔ府
fā发
xíng行
le了
xīn新
de的
gōng公
zhài债
lái来
zhī支
chí持
jī基
chǔ础
shè设
shī施
jiàn建
shè设
。
The government issued new public bonds to support infrastructure construction.
Tā他
tóu投
zī资
le了
yī一
xiē些
shì市
zhèng政
gōng公
zhài债
，
shōu收
yì益
bǐ比
jiào较
wěn稳
dìng定
。
He invested in some municipal bonds, which offer relatively stable returns.
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Gōng公
zhài债
shì市
chǎng场
shì是
guó国
jiā家
cái财
zhèng政
de的
zhòng重
yào要
zǔ组
chéng成
bù部
fèn分
。
The government bond market is an important component of the national fiscal system.
Zhè这
bǐ笔
jù巨
é额
gōng公
zhài债
xū需
yào要
jǐ几
dài代
rén人
cái才
néng能
huán还
qīng清
。
This massive public debt will take several generations to repay.