junk bonds

A form of junk bond — A bond (an instrument of debt) which is considered below "investment grade" due to a significant risk of default by the issuer. The interest rate is higher in order to compensate holders for that risk.

Ask AI about this wordChatGPTClaudePerplexityGoogle AIGrok

Meanings

noun
  1. pluralplural of junk bond
Cite this entry
APA

junk bonds. (n.d.). In WatkinsX Dictionary. Retrieved November 4, 2026, from https://dictionary.watkinsx.com/word/junk%20bonds

MLA

“junk bonds.” WatkinsX Dictionary, https://dictionary.watkinsx.com/word/junk%20bonds. Accessed November 4, 2026.

Chicago

WatkinsX Dictionary, s.v. “junk bonds,” accessed November 4, 2026, https://dictionary.watkinsx.com/word/junk%20bonds.

Source: junk bonds on Wiktionary, CC BY-SA 4.0.