junk bond


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Related to junk bond: Investment grade bond

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 ?
29 and is outpacing the largest traditional junk bond ETF on a year-to-date basis.
Size 4way in JNK Junk Bond ETF appears to adjust put postion.
(CNS) -- "The underlying problems in the insurance industry including the use of junk bond investments and speculative real estate deals, raise harrowing similarities to the nation's savings and loan debacle and have given rise to an increasing amount of insolvencies." said State Comptroller Edward V.
Just short eight months ago, activist investor Carl Icahn referred to the junk bond fund market as a "keg of dynamite." At that time, the junk bond market was in a temporary swoon.
Jaclyn Boulan of Stribling & Associates repped the buyers, who join such notable residents as oil magnate Leon Hess and Junk bond billionaire Ira Rennert
Mumbai: Moody's said the recent international junk bond sales by domestic companies offer the best protection to investors as they have the highest overall covenant quality scores.
Dubai -- High-yield bond, or junk bond, issuance in the Europe Middle and Africa (EMEA) region hit $31 billion in the first quarter of 2015, slightly ahead of issuance volumes of $29 billion in the same quarter in 2014, Moody's Investors Service said.
In France, a cable television company called Numericable was recently able to borrow $11 billion, the largest junk bond deal on record--and despite the risk usually associated with junk bonds, the interest rate was a low 4.875 percent."
Despite the weakness of the industry, media and entertainment companies floated 33 new junk bond issues in 2011.
Investors' thirst for a good return--known as the "search for yield"--has caused absolute borrowing costs to fall to almost unheard of levels for junk bond issuers (although the "spread"--the difference between the yield and a supposed risk-free rate such as US Treasury bonds--has remained relatively high).
Global Banking News-November 16, 2010--Barclays says junk bond sale to increase(C)2010 ENPublishing - http://www.enpublishing.co.uk
And the Junk Bond Junkies -- aka the team from Newcastle Building Society - have vowed they will be back to defend the title they won when the competition was last held in 2008.