junk bond

Longman Dictionary of Contemporary English 5++朗文当代英语 5++LDOCE 5++朗文 5++

ˈjunk bond noun [countable] 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

junk bond• In 1984 our two-man junk bond department spoke at a Salomon Brothers seminar for several hundred savings and loan managers.• Salomon Brothers, slow to learn about take-overs and largely absent from the junk bond market, missed the bonanza.From Longman Business Dictionaryjunk bondˈjunk bondFINANCE a bond with a high rate of interest, but with a high risk of not being repaidHe estimates that 38% of junk bonds will default at some point. → bond

ˈjunk bond nounChineseSyllable

and bond has Business a Corpus a is high which risk

junk bond
ˈjunk bond

noun [countable]
a bond which has a high risk and is often sold to pay for a takeover

junk bond

BrE

/ˈdʒʌŋk bɒnd/

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NAmE

/ˈdʒʌŋk bɑːnd/

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noun

(

business 商业

)

a type of

bond

that pays a high rate of interest because there is a lot of risk involved, often used to raise money quickly in order to buy the shares of another company 风险债券，垃圾债券（利息高、风险大，常用于迅速集资进行收购）