junk bond

English

Noun

junk bond (plural junk bonds)

1. (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

• Chinese:

  Mandarin: 垃圾債券／垃圾债券 (lājī zhàiquàn)

• French: obligation pourrie (fr) f
• German: hochverzinsliche Anleihe f, risikoreiche Anleihe f, Schrottanleihe f, Ramschanleihe f
• Italian: titolo spazzatura m
• Swedish: skräpobligation c