Your English writing platform
Discover LudwigDictionary
junk bond
noun
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.
synonyms
Exact(50)
Junk bond yields at record lows.
"That's worse than a corporate junk bond.
One area to watch is the junk bond market.
So as junk bond prices have appreciated, yields have dropped.
The remaining 92 percent have junk bond ratings.
ABB bonds traded today at junk bond status.
Similar(8)
It was the beginning of the junk-bond business model.
Its debt was downgraded to junk-bond status.
In the financial markets, its debt has junk-bond status.
Dwight Sipprelle, who ran the junk-bond business, also left.
The junk-bond market's subsequent rebound has been nearly as dramatic.
Write better and faster with AI suggestions while staying true to your unique style.
Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com