|
|
Definition of Junk bond
1. Noun. A (speculative) bond with a credit rating of BB or lower; issued for leveraged buyouts and other takeovers by companies with questionable credit.
Lexicographical Neighbors of Junk Bond
Other Resources:
|
|
1. Noun. A (speculative) bond with a credit rating of BB or lower; issued for leveraged buyouts and other takeovers by companies with questionable credit.