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junk bond. In DICTIOUS you will not only get to know all the dictionary meanings for the word
junk bond, but we will also tell you about its etymology, its characteristics and you will know how to say
junk bond in singular and plural. Everything you need to know about the word
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English
Noun
junk bond (plural junk bonds)
- (finance) A bond (an instrument of debt) which is considered below "investment grade" due to a significant risk of default by the issuer. The interest rate is higher in order to compensate holders for that risk.
Translations
a bond which is considered below investment grade