JUNK BOND
(noun)Did you mean?
Definitions
There is 1 meaning of the phrase
Junk Bond.
Junk Bond - as a noun
A (speculative) bond with a credit rating of bb or lower; issued for leveraged buyouts and other takeovers by companies with questionable credit
Synonyms (Exact Relations)
high-yield bondExample Sentences
"Investors were attracted to the high yields offered by junk bonds."
"The company issued junk bonds to finance the expansion of its operations."
"During the financial crisis, many junk bonds became worthless."
"He lost a significant amount of money when his junk bond investments went sour."
"The rating agency downgraded the junk bonds to a lower credit rating."
