Word | Noun | Adjective | Verb | Adverb |
---|---|---|---|---|
high-yield bond | Yes | No | No | No |
junk bond | Yes | No | No | No |
high-yield bond (noun) | junk bond (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 (speculative) bond with a credit rating of BB or lower; issued for leveraged buyouts and other takeovers by companies with questionable credit |