Categorized In: Finance & Economy , Definitions
Source: junk bond definition | Dictionary.com | dictionary.reference.com
Description: any corporate bond with a low rating and a high yield, often involving high risk.
Nov 05, 07:45am
A junk bond is the same as a regular bond. Junk bonds are an IOU from a corporation that states the amount it will pay you MORE?
A junk bond, also known as a "high-yield bond" or "speculative bond", are usually purchased for speculative purposes. They MORE?
