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junk bond

Word family
Related topics: Stocks & shares
ˈjunk bond noun [countableC]  
BFSa bond which has a high risk and is often sold to pay for a takeover 低档债券,风险债券,垃圾债券
Examples from the Corpus
From Longman Business Dictionary
junk bondˈjunk bondFINANCE
a bond with a high rate of interest, but with a high risk of not being repaid
He estimates that 38% of junk bonds will default at some point.
bond
ˈjunk bond noun
Chinese
Syllable
Corpus

See also: junk bond


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