Meaning of junk bond in English

Table of contents
  1. Pronunciation
  2. Noun
    1. Definitions

  1. Pronunciation

    US accent

    UK accent

  1. Noun

    junk bond

    Definitions

    1. a (speculative) bond with a credit rating of BB or lower

    Examples

    • « issued for leveraged buyouts and other takeovers by companies with questionable credit »

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