| 单词 | junk bond |
| 释义 | junk bond (once / 151530 pages) n WORD FAMILY junk bond USAGE EXAMPLESCorporate junk bond funds, which tend to fare well in good economies, are up a hefty 13% this year. Los Angeles Times(Dec 30, 2016) Late last year, for instance, Third Avenue Management liquidated its near $1 billion Focused Credit Fund as its junk bond investments came under pressure. Reuters(Sep 06, 2016) Yet the junk bond situation "may have catastrophic consequences for the company's access to capital," he says. US News(Jul 21, 2016) n a (speculative) bond with a credit rating of BB or lower; issued for leveraged buyouts and other takeovers by companies with questionable credit Syn|Hyper high-yield bond bond, bond certificate a certificate of debt (usually interest-bearing or discounted) that is issued by a government or corporation in order to raise money; the issuer is required to pay a fixed sum annually until maturity and then a fixed sum to repay the principal |
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