 junk_bond |
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| 1. | [ noun ] (finance,stock exchange,writing) a (speculative) bond with a credit rating of BB or lower; issued for leveraged buyouts and other takeovers by companies with questionable credit | |
| Synonyms: | high-yield_bond | |
| Related terms: | bond | |
| Similar spelling: |
junk_food junk_shop |
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