˜yÐÄvlog

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View synonyms for

junk bond

noun

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


junk bond

noun

  1. finance a security that offers a high yield but often involves a high risk of default
“Collins English Dictionary — Complete & Unabridged†2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012
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˜yÐÄvlog History and Origins

Origin of junk bond1

First recorded in 1975–80

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