Understanding the meaning of junk bond - BoostVocab

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junk bond

Synonyms of junk bond Antonyms of junk bond Examples of junk bond Usage of junk bond Parts of junk bond Definition that contains junk bond Words sounding like junk bond Explanation of junk bond

noun
a (speculative) bond with a credit rating of BB or lower; issued for leveraged buyouts and other takeovers by companies with questionable credit
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Similar:

high-yield bond

type of:
bond bond certificate

Explanation of junk bond

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