| 单词 | junk debt |
| 释义 | > as lemmasjunk debt junk debt n. Finance debt securities rated as at high risk of default by credit rating agencies. ΚΠ 1985 Economist 2 Mar. 80/1 The seller also hands over the difference between the cash price and the face value of the loans in ‘junk’ debt which it is owed by some near-worthless company. 2001 Times 22 Oct. 23/1 Troubled US companies have defaulted on nearly $45 billion (£31 billion) of ‘junk debt’ so far this year. 2016 J. Rasmus Systematic Fragility Global Econ. 232 It involves using cash and near cash assets to purchase harder to sell assets, like corporate loans or corporate junk debt. < as lemmas |
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