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high-yield bond vs bond certificate

bond certificate vs high-yield bond

high-yield bond and bond certificate both are nouns.

Word NounAdjectiveVerbAdverb
high-yield bond Yes No No No
bond certificate Yes No No No
As nouns, bond certificate is a hypernym of high-yield bond; that is, bond certificate is a word with a broader meaning than high-yield bond:
  • high-yield bond: a (speculative) bond with a credit rating of BB or lower; issued for leveraged buyouts and other takeovers by companies with questionable credit
  • 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
Other hypernyms of high-yield bond include bond.
high-yield bond (noun) bond certificate (noun)
a (speculative) bond with a credit rating of BB or lower; issued for leveraged buyouts and other takeovers by companies with questionable credit 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
Difference between high-yield bond and bond certificate

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