junk bond
any corporate bond with a low rating and a high yield, often involving high risk.
Origin of junk bond
1Words 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
Over the past decades, various types of businesses have rotated in and out of favor—conglomerates in the ’60s, junk bonds in the ’80s, tech in the ’00s—but the basic workplace structure, of office cubicles and face time, has remained the same.
The Pandemic Revealed How Much We Hate Our Jobs. Now We Have a Chance to Reinvent Work | Joanne Lipman | May 27, 2021 | TimeI am not the most financially literate person (I would be hard-pressed to articulate the term “junk bond”).
It seems that Gekko, poster child of the junk bond era, is officially a dinosaur.
At least Milken was the junk-bond king when he got his $550 million pay package in 1987.
British Dictionary definitions for junk bond
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
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