JUNK BOND


Meaning of JUNK BOND in English

(~s)

If a company issues ~s, it borrows money from investors, usually at a high rate of interest, in order to finance a particular deal, for example the setting up or the taking over of another company. (BUSINESS)

N-COUNT: usu pl

Collins COBUILD.      Толковый словарь английского языка для изучающих язык Коллинз COBUILD (международная база данных языков Бирмингемского университета) .