- junk bond
- nouna (speculative) bond with a credit rating of BB or lower; issued for leveraged buyouts and other takeovers by companies with questionable credit• Syn: ↑high-yield bond• Hypernyms: ↑bond, ↑bond certificate
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noun: a high-risk bond that offers a high yield and is often issued to finance a take-over of a company* * *
Finance.any corporate bond with a low rating and a high yield, often involving high risk.[1975-80]* * *
junk bond nounA bond offering a high yield but with high risk• • •Main Entry: ↑junk* * *
a bond that pays a lot of interest but has a high level of risk* * *
junk bond,U.S. a high-risk, noncorporate or low-grade corporate bond that is bought at less than face value.* * *
n. a high-yield, high-risk security, typically issued by a company seeking to raise capital quickly in order to finance a takeover* * *
noun, pl ⋯ bonds [count]business : a type of bond that pays high interest but also has a high risk* * *
a type of ↑bond that pays a high rate of interest because there is a lot of risk involved, often used to raise money quickly in order to buy the shares of another company
Useful english dictionary. 2012.