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English definition of “government bond”

government bond

noun [C]     GOVERNMENT, FINANCE
an amount of money borrowed by a government, or the official document relating to this: We invested the extra money in government bonds.intermediate-/long-term government bonds Investors sold their stocks and chose the safety of long-term government bonds. 10-/20-/30-year government bondsreturns/yields on government bonds The price of fixed-rate loans has been steadily rising, reflecting the rising yields on government bonds.
(Definition of government bond noun from the Cambridge Business English Dictionary © Cambridge University Press)
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