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Home > QFINANCE Dictionary > Definition of junk bond

Definition of

junk bond

Stockholding & Investments

high-interest but high-risk bond a high-yielding bond issued on a low-grade security. The issue of junk bonds has most commonly been linked with takeover activity.

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Definitions of ’junk bond’ and meaning of ’junk bond’ are from the book publication, QFINANCE – The Ultimate Resource, © 2009 Bloomsbury Information Ltd. Find definitions for ’junk bond’ and other financial terms with our online QFINANCE Financial Dictionary.

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