1.
government bond; public debt
Bonds issued by national or local governments to finance public spending. Also refers to the resulting public debt.
公債を発行する。
To issue government bonds.
公債残高が年々増加��ている。
The outstanding public debt has been increasing year by year.
政府は財政赤字を補うために大量の公��を発行せざるを得なかった。
The government had no choice but to issue a large volume of bonds to cover the fiscal deficit.
A compound of 公 (public) and 債 (debt, bond). Covers both national government bonds (国債) and local government bonds (地方債).
Japan has one of the highest public debt-to-GDP ratios in the world, making 公債 a frequently discussed topic in Japanese news and politics.
COMMON COLLOCATIONS:
- 公債を発行する: to issue government bonds
- 公債残高: outstanding government debt
- 公債費: debt service costs
- 公債依存度: bond dependency ratio
SIMILAR WORDS:
- 国債: national government bond — specifically bonds issued by the central government
- 社債: corporate bond — bonds issued by private companies
- 地方債: municipal bond — bonds issued by local governments