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している。
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債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