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 Definitions of junk bond  [ʒʌŋk]  

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Definition of 'junk bond' Random House Webster's College Dictionary 

1. (n.) junk bond
a corporate bond with a low rating and a high yield, often involving high risk.

Etymology:  (1975–80)

Definition of 'junk bond' Princeton's WordNet 

1. (noun) junk bond, high-yield bond
a (speculative) bond with a credit rating of BB or lower; issued for leveraged buyouts and other takeovers by companies with questionable credit

'junk bond' - Nearby Entries  

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