junk bond
junk bond · junk bonds
risikoreiche Anleihe, hochverzinsliche Anleihe, Schrottanleihe, Ramschanleihe
A bond which is considered below "investment grade" due to a significant risk of…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.
» Junk bond dealers left the market riding on a pillow of air.
Meaning
1 sensesA 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.
hochverzinsliche Anleihe, risikoreiche Anleihe, Schrottanleihe
More definitions
- a (speculative) bond with a credit rating of BB or lower; issued for leveraged buyouts and other takeovers by companies with questionable credit
Examples
1 sentencesJunk bond dealers left the market riding on a pillow of air.
Translations
3 languagesDeutsch
By meaning 1
a bond which is considered below investment grade:
Forms
plural: junk bonds| Singular | junk bond |
|---|---|
| Plural | junk bonds |
regular
Synonyms
1 synonymsClose in meaning
- a (speculative) bond with a credit rating of BB or lower; issued for leveraged buyouts and other takeovers by companies with questionable credit:high-yield bond