junk bond 
noun
A high-yielding high-risk security, typically issued by a company seeking to raise capital quickly in order to finance a takeover.Yet the growth of hostile takeovers, junk bond finance, and corporate raiding tilted the balance of power over the course of the decade away from managers towards shareholders....
- With the average junk bond yielding 12.92%, or 7.6 percentage points more than Treasuries, Simon says the sector offers a good risk-reward tradeoff.
- In the midst of a global equity rout, the junk bond and U.S. corporate bond market remains wide open for business.
- non-renewable
- non-representational
- non-residence
- non-residency
- non-resident
- non-residential
- non-residentiary
- non-residing
- non-resistance
- non-resistant
- non-resisting
- non-response
- non-restraint
- non-restrictive
- non-retaliation
- non-return
- non-returnable
- non-return-to-zero
- nonreward
- nonrewarded
- non-rhotic
- non-riding
- non-rigid
- non-Roman
- non-rotating