junk bond

1. 1.

   a (speculative) bond with a credit rating of BB or lower; issued for leveraged buyouts and other takeovers by companies with questionable credit

   Synonymshigh-yield bond

   Broaderbond

Questions about junk bond

What does junk bond mean?

junk bond means "a (speculative) bond with a credit rating of BB or lower; issued for leveraged buyouts and other takeovers by companies with questionable credit".

What is another word for junk bond?

Close synonyms include high-yield bond. Each sense on this page lists its own synonyms, because a word with several meanings rarely has one substitute that works for all of them.

Is junk bond a common word?

junk bond is banded "Uncommon" — turns up in careful writing rather than conversation. The band comes from how often the word appears in a large corpus of everyday English, not from an editor's impression.