JUNK BONDS


Meaning of JUNK BONDS in English

the bonds which have a rating of BB or lower, very risky, speculative, they have a significant probability of going into default.

Note: see S&P for ratings .

Sean Woo's Finance, GIS and real estate English glossary.      Английский глоссарий по ГИС(Географическая информационная система) и недвижимости Sean Woo's Finance.