公债

公債

gōngzhài

noun #32,449

Meanings

Tā bǎ jīxù dōu mǎi le gōngzhài.

He put all his savings into government bonds.

Zhèngfǔ fāxíng gōngzhài lái chóucuò zījīn.

The government issues bonds to raise funds.

Gōngzhài shì bǐjiào ānquán de tóuzī.

Government bonds are a relatively safe investment.

memory

公 (public) + 债 (debt) — debt owed to the public by the state. The everyday term is 国债; 公债 is the broader/older term that also covers municipal debt.

公 gōng

债 zhài