junk bond

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junk bond

n.
A corporate bond having a high yield and high risk of default.

junk bond

n
(Banking & Finance) finance a security that offers a high yield but often involves a high risk of default

junk′ bond`


n.
a corporate bond with a low rating and a high yield, often involving high risk.
[1975–80]

junk bond

A bond issued by a company or other entity with a low credit rating. Junk bonds are usually traded at a fraction of their face value.
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.junk bond - a (speculative) bond with a credit rating of BB or lower; issued for leveraged buyouts and other takeovers by companies with questionable credit
bond certificate, bond - a certificate of debt (usually interest-bearing or discounted) that is issued by a government or corporation in order to raise money; the issuer is required to pay a fixed sum annually until maturity and then a fixed sum to repay the principal
Translations
obligation à haut risque

junk bond

n (Fin) → junk bond m inv, titolo m spazzatura inv
References in periodicals archive ?
A subsidiary of Marriott International, who originated the mezzanine debt in December 2016, was the seller.
Morgan Asset Management teams with Samsung SRA for New Mezzanine Debt Fund
Kyobo Life, Hanwha Life and Heungkuk Life completed both an equity and a mezzanine debt financing with Shinhan Bank and Mitsubishi UFJ Leasing to offer senior project debt.
UK's HSBC Holdings Plc (LSE: HSBA) (NYSE: HBC) (HKG: 0005) has said that it has agreed, through its wholly owned subsidiary HSBC Capital (Canada) Inc, to sell its Canadian private equity fund management and mezzanine debt business to Fulcrum Capital Partners Inc, a new company formed for the purpose by members of HSBC Capital's current management team.
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The new entity has purchased all $300 million worth of the senior mezzanine debt on the Manhattan apartment complex, Crain's reported.
The current refinancing gap for middle market companies, created by banks' unwillingness to lend, has opened up some attractive mezzanine debt investment opportunities, according to Mercer.
The mezzanine debt was secured by a perfected, first-priority interest in all the ownership interests in Owner LLC and in two new LLCs: a managing member of a master-lessee and a subtenant.
MANAMA: Investing in property-backed mezzanine debt instruments in the US offers particularly good returns at present, according to Bahrain-based Investcorp,
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The Evolve Mezzanine Fund will provide mezzanine debt finance to North East SMEs and continue the work of four funds of this type the Newcastle firm has run since 2000.
Horsham, Pennsylvania, announced it originated a $39 million fixed-rate, permanent financing package of first-mortgage and mezzanine debt for Jenkintown, Pennsylvania-based The Galman Group's acquisition of Whitney Apartments in Claymont, Delaware.