HyperDic: junk_bond

English > 1 sense of the expression junk bond:
NOUNpossessionjunk bond, high-yield bonda (speculative) bond with a credit rating of BB or lower
English > junk bond: 1 sense > noun 1, possession
MeaningA (speculative) bond with a credit rating of BB or lower; issued for leveraged buyouts and other takeovers by companies with questionable credit.
Synonymhigh-yield bond
Broaderbond, bond certificateA certificate of debt (usually interest-bearing or discounted) that is issued by a government or corporation in order to raise money
Spanishbono basura
Catalanbo porqueria

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