公债 公債

    gōngzhài

    1. Noungovernment bond

    1.公债很安全。Gōngzhài hěn ānquán.Government bonds are very safe.

    2.通货膨胀时,买公债可能亏损。Tōnghuòpéngzhàng shí, mǎi gōngzhài kěnéng kuīsǔn.During inflation, buying government bonds might result in a loss.

    3.为了弥补财政赤字,政府决定发行长期公债。Wèile míbǔ cáizhèng chìzì, zhèngfǔ juédìng fāxíng chángqī gōngzhài.To cover the fiscal deficit, the government decided to issue long-term bonds.