English dictionary
high-yield bond meaning and definition
Definition and meaning of high-yield bond at MeaningMonkey.org. high-yield bond meaning and definition in the English Dictionary.HIGH-YIELD BOND noun
Definition of high-yield bond (noun)
- a (speculative) bond with a credit rating of BB or lower; issued for leveraged buyouts and other takeovers by companies with questionable credit
- synonyms: junk bond
Source: Princeton University Wordnet