junk bond

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junk bond

n.
A corporate bond having a high yield and high risk of default.
American Heritage® Dictionary of the English Language, Fifth Edition. Copyright © 2016 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

junk bond

n
(Banking & Finance) finance a security that offers a high yield but often involves a high risk of default
Collins English Dictionary – Complete and Unabridged, 12th Edition 2014 © HarperCollins Publishers 1991, 1994, 1998, 2000, 2003, 2006, 2007, 2009, 2011, 2014

junk′ bond`


n.
a corporate bond with a low rating and a high yield, often involving high risk.
[1975–80]
Random House Kernerman Webster's College Dictionary, © 2010 K Dictionaries Ltd. Copyright 2005, 1997, 1991 by Random House, Inc. All rights reserved.

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.
Dictionary of Unfamiliar Words by Diagram Group Copyright © 2008 by Diagram Visual Information Limited
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
Based on WordNet 3.0, Farlex clipart collection. © 2003-2012 Princeton University, Farlex Inc.
Translations
obligation à haut risque

junk bond

n (Fin) → junk bond m inv, titolo m spazzatura inv
Collins Italian Dictionary 1st Edition © HarperCollins Publishers 1995
References in periodicals archive ?
TCF Capital Funding provided the senior debt financing, and Brookside Mezzanine Partners provided mezzanine debt financing and made an equity co-investment.
Joseph Alala, chairman and CEO, stated, "While net investment income covered distributions for the quarter, NAV per share was negatively impacted by the failed sales process related to a legacy mezzanine debt investment, which was risk rated 3, along with unrealized depreciation on several other investments.
As a provider of bespoke capital solutions, Firmament provided mezzanine debt to support Centerline's acquisition of Notora LLC, a leading RF engineering firm.
Prior to EquiTrust, Platek worked at Maranon Capital, a Chicago-based provider of senior financing, mezzanine debt and equity for middle market transactions.
Fund I will follow an investment strategy consistent with its predecessor legacy investment programs, making investments ranging from $10 to $50 million to fund primarily mezzanine debt investments in the middle-market North American upstream oil and gas, conventional and renewable power sectors.
In an early part of his career, Morris worked at Bankers Trust/Deutsche Bank first in their Mezzanine Debt Funds and ultimately for the institutional capital raising team, raising capital across their open and closed-end fund products.
"We are working up to around PS10m in individual equity deals while also tapping into the real demand for mezzanine debt into established and profitable businesses that are at a transformational point in their lifecycle."
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.
Integrated Alternative Finance (IAF), a subsidiary of Abu Dhabi Financial Group (ADFG), has structured and financed a mezzanine debt facility for Downtown Investments Limited (DIL), the owner of the Taj Dubai, located in prime Downtown Dubai.
LBC Credit Partners provides middle market financing solutions including senior term, unitranche, second lien, junior secured and mezzanine debt and equity co-investments supporting sponsored and non-sponsored transactions.
SCPEL executes equity and equity-linked investments, as well as mezzanine debt, backed by Standard Chartered Bank's balance sheet, providing clients with flexibility and certainty of funding.