ALL meanings of junk bond
junk bond
J j - noun junk bond finance: high yield, high risk bond 1
- noun junk bond any corporate bond with a low rating and a high yield, often involving high risk. 1
- countable noun junk bond If a company issues junk bonds, it borrows money from investors, usually at a high rate of interest, in order to finance a particular deal, for example the setting up or the taking over of another company. 0
- noun junk bond a security that offers a high yield but often involves a high risk of default 0
- noun junk bond a high-yield, speculative bond1 (sense 10), often issued to finance the takeover of a corporation 0