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junk bond
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noun Finance.
any corporate bond with a low rating and a high yield, often involving high risk.
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Origin of junk bond
First recorded in 1975–80
Words nearby junk bond
juniper oil, juniper tar, Junius, junk, junk art, junk bond, junk bonds, junk call, junk DNA, junker, Junkerdom
Dictionary.com Unabridged
Based on the Random House Unabridged Dictionary, © Random House, Inc. 2023
How to use junk bond in a sentence
British Dictionary definitions for junk bond
junk bond
noun
finance a security that offers a high yield but often involves a high risk of default
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition
© William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
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