- junk fund
- junk fund,an investment company that specializes in junk bonds: »
While riskier than other bond funds, junk funds are considered safer than aggressive growth funds
(Barron's).
Useful english dictionary. 2012.
junk fund
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fund — A fiscal and accounting entity with a self balancing set of accounts in which cash and other financial resources, all related liabilities and residual equities, or balances, and charges therein, are recorded and segregated to carry on specific… … Financial and business terms
junk bond — A high risk, less than INVESTMENT GRADE corporate bond. Junk bonds became very popular among investors in the late 1980s. ► “ If an investor wants a risky fixed income investment with potential for extra return, they should invest in a junk… … American business jargon
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Income Fund — A type of mutual fund that emphasizes current income, either on a monthly or quarterly basis, as opposed to capital appreciation. Such funds hold a variety of government, municipal and corporate debt obligations, preferred stock, money market… … Investment dictionary
high current income mutual fund — A mutual fund whose primary goal is to produce a high level of income by making higher risk investments in instruments such as junk bonds. Bloomberg Financial Dictionary … Financial and business terms
Economic Affairs — ▪ 2006 Introduction In 2005 rising U.S. deficits, tight monetary policies, and higher oil prices triggered by hurricane damage in the Gulf of Mexico were moderating influences on the world economy and on U.S. stock markets, but some other… … Universalium
