| NOUN | possession | high-yield bond, junk bond | a (speculative) bond with a credit rating of BB or lower |
|---|
| Meaning | A (speculative) bond with a credit rating of BB or lower; issued for leveraged buyouts and other takeovers by companies with questionable credit. | |
|---|---|---|
| Synonym | junk bond | |
| Broader | bond, bond certificate | A certificate of debt (usually interest-bearing or discounted) that is issued by a government or corporation in order to raise money |
| Spanish | bono basura | |
| Catalan | bo porqueria | |
©2001-25 · HyperDic hyper-dictionary · Contact
English |
Spanish |
Catalan
Privacy |
Robots