junk bond
英 [ˈdʒʌŋk bɒnd]
美 [ˈdʒʌŋk bɑːnd]
n. 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)
Collins.2
牛津词典
noun
- 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）
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
柯林斯词典
- 垃圾债券，风险债券（利息高，风险大，用于集资建立、收购新公司等）
If a company issuesjunk bonds, 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.
英英释义
noun
- a (speculative) bond with a credit rating of BB or lower