Chinese word

公积金

Pronunciation

Pinyingōng jī jīn

Meaning

nounhousing provident fund

Example

公司每月替员工缴纳公积金。gōng sī měi yuè tì yuán gōng jiǎo nà gōng jī jīn

The company pays into the housing provident fund for its employees every month.

Illustration for 公积金 (housing provident fund)

More examples

申请公积金贷款通常需要提供收入和信用证明。shēn qǐng gōng jī jīn dài kuǎn tōng cháng xū yào tí gōng shōu rù hé xìn yòng zhèng míng

Applying for a housing provident fund loan usually requires proof of income and creditworthiness.

Core concept

A housing-purpose account built from regular contributions by a worker and the worker's employer.

Common phrases

公积金缴存基数gōng jī jīn jiǎo cún jī shù
housing provident fund contribution base
公积金提取条件gōng jī jīn tí qǔ tiáo jiàn
conditions for withdrawing housing provident fund
申请公积金贷款shēn qǐng gōng jī jīn dài kuǎn
apply for a housing provident fund loan

Similar words

住房公积金zhù fáng gōng jī jīn: A dedicated fund managed to provide financial support for housing needs.
公积金贷款gōng jī jīn dài kuǎn: A home loan that uses housing provident fund savings and often has a low interest rate.
住房贷款zhù fáng dài kuǎn: A loan from a bank or other lender for buying a home.
社会保险shè huì báo xiǎn: A public insurance system covering medical care, pensions, and unemployment.

Definition in Chinese

住房公积金为职工提供住房方面的专项资金支持，按月由职工和用人单位共同缴纳并记入个人公积金账户，管理机构负责监督和使用，旨在支持购房、修缮及偿还住房贷款。zhù fáng gōng jī jīn wèi zhí gōng tí gōng zhù fáng fāng miàn de zhuān xiàng zī jīn zhī chí àn yuè yóu zhí gōng hé yòng rén dān wèi gòng tóng jiǎo nà bìng jì rù gè rén gōng jī jīn zhàng hù guán lǐ jī gòu fù zé jiān dū hé shǐ yòng zhǐ zài zhī chí gòu fáng xiū shàn jí cháng huán zhù fáng dài kuǎn

Word origin

The compound 公积金 (gōngjījīn, "housing provident fund") joins 公 (gōng, "public"), 积 (jī, "to accumulate"), and 金 (jīn, "funds") to describe money accumulated under a public housing-support system.

Usage tips

Chinese workplace discussions often treat the fund as part of a person's housing finances, while permitted uses and withdrawal conditions are set by the relevant local rules.

Other meanings

public accumulation fundnoun

Related words

住房公积金zhù fáng gōng jī jīnhousing provident fundnoun
公积金贷款gōng jī jīn dài kuǎnhousing provident fund loannoun