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