Meaning Of The Word Junk bond
What's the definition of Junk bond? Find Junk bond meanings, definitions and more at the Real Dictionary online.
Junk bond Meaning
| Junk bond Definition |
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What's The Definition Of Junk bond?
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. junk bond in American English a high-yield, speculative bond1 (sense 10), often issued to finance the takeover of a corporation noun: any corporate bond with a low rating and a high yield, often involving high risk junk bond in British English noun: a security that offers a high yield but often involves a high risk of default |
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