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junk financing

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Financial Dictionary

junk financing

The raising of funds by issuing unsecured high-yield securities, for example, during takeover attempts in which the acquiring firm has little cash and must issue unsecured debt to finance the acquisition. Also called high-yield financing.

Wall Street Words: An A to Z Guide to Investment Terms by David L. Scott.
Copyright © 2003. Published by Houghton Mifflin.
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Unsecured Loans $10K-100K
No collateral. Fast & affordable. Apply safe online. For good credit.
www.AmOne.com
Personal Loans from 7.89%
Have Excellent Credit? Save on Rates. Lower Costs and More Control
LendingClub.com
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Junk Removal Services
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