What is the meaning of junk bond?

noun

  • A (speculative) bond with a credit rating of BB or lower; issued for leveraged buyouts and other takeovers by companies with questionable credit.
WordNet 3.0 © 2006 by Princeton University
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APAWordNet. (2010). junk bond. Retrieved September 23, 2026, from http://smartdefine.org/junk_bond/definitions/1242881
ChicagoWordNet. 2010. "junk bond" http://smartdefine.org/junk_bond/definitions/1242881 (accessed September 23, 2026).
HarvardWordNet 2010, junk bond, Smart Define, viewed 23 September, 2026, <http://smartdefine.org/junk_bond/definitions/1242881>.
MLAWordNet. "junk bond" 23 October 2010. Web. 23 September 2026. <http://smartdefine.org/junk_bond/definitions/1242881>
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