junk bond

See synonyms for junk bond on Thesaurus.com
nounFinance.
  1. any corporate bond with a low rating and a high yield, often involving high risk.

Origin of junk bond

1
First recorded in 1975–80

Words Nearby junk bond

Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2024

How to use junk bond in a sentence

British Dictionary definitions for junk bond

junk bond

noun
  1. 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 Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012