Junk bond

A high-risk, non-investment-grade bond with a low Credit rating, usually BB or lower; as a consequence, it usually has a High yield. opposite of investment-grade bond.

Related Terms: 11 Credit, Grade, High yield, High, Investment-grade bond, Low, Owe, PPO, Rating, Risk, Yield

Other Related Pages: Category: Bonds Starting With: J

Additional Related Terms: 10-Q, 10-K, 52-week high, 52-week low, Accrual bond, Accrual of discount, Accumulation bond, Agency bond, American Municipal Bond Assurance Corporation, Amortization of premium