bn:00044051n
Noun Concept
Categories: Bonds (finance), Banking terms, United States housing bubble, Credit risk, Banking
EN
junk bond  high-yield bond  high-yield debt  high yield bond  high-yield
EN
A (speculative) bond with a credit rating of BB or lower; issued for leveraged buyouts and other takeovers by companies with questionable credit WordNet 3.0
Definitions
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Sources
EN
A (speculative) bond with a credit rating of BB or lower; issued for leveraged buyouts and other takeovers by companies with questionable credit WordNet 3.0 & Open English WordNet
In finance, a high-yield bond is a bond that is rated below investment grade by credit rating agencies. Wikipedia
Financial product Wikidata
A bond that is rated below investment grade. OmegaWiki
A bond (an instrument of debt) which is considered below "investment grade" due to a significant risk of default by the issuer. The interest rate is higher in order to compensate holders for that risk. Wiktionary
A bond which is considered below investment grade. Wiktionary (translation)