Nearby Words

junk bond

junk bond

noun Finance.
any corporate bond with a low rating and a high yield, often involving high risk.

Origin:
1975–80
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2012.
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Junk bond is always a great word to know.
So is interrobang. Does it mean:
a printed punctuation mark (‽), available only in some typefaces, designed to combine the question mark (?) and the exclamation point (!), indicating a mixture of query and interjection, as after a rhetorical question.
a calculus or concretion found in the stomach or intestines of certain animals, esp. ruminants, formerly reputed to be an effective remedy for poison.
Collins
World English Dictionary
junk bond
 
n
finance a security that offers a high yield but often involves a high risk of default

Collins English Dictionary - Complete & Unabridged 10th Edition
2009 © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009
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Slang Dictionary

junk bond definition


  1. n.
    a low-rated corporate bond that pays higher interest because of greater risk. (Parallel to junk food.) : Don't put all your money into junk bonds.
Dictionary of American Slang and Colloquial Expressions by Richard A. Spears.Fourth Edition.
Copyright 2007. Published by McGraw Hill.
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