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单词 Public bond
释义

Public bond

英语百科

Government debt 公债

(重定向自Public bond)
Detail from the mural "Government" by Elihu Vedder in the Library of Congress
The sealing of the Bank of England Charter (1694)
A new way to pay the National Debt, James Gillray, 1786. King George III, with William Pitt handing him another moneybag.
Public debt as a percent of GDP, evolution for USA, Japan and the main EU economies.

Government debt (also known as public debt, national debt and sovereign debt) is the debt owed by a central government. (In federal states, "government debt" may also refer to the debt of a state or provincial, municipal or local government.) By contrast, the annual "government deficit" refers to the difference between government receipts and spending in a single year, that is, the increase of debt over a particular year.

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