Junk Bonds

Business / Accounting / Junk Bonds: Bonds issued by companies in weak financial condition with large amounts of debt already outstanding: these bonds yield high rates of return because of the high risk.

Other Words for Junk

Junk Noun Synonyms: rubbish, waste, refuse, litter, debris, scrap, garbage, trash
Junk Adjective Synonyms: discard, throw away, scrap, cast aside, jettison, trash
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Junk Bond

Business / Finance / Junk Bond: A bond with a speculative credit rating of BB (S&P) or Ba (Moody's) or lower. Junk or high-yield bonds offer investors higher yields than bonds of financially sound companies. Two agencies, Standard & MORE

Mello-Roos Bonds

Business / Real Estate / Mello-Roos Bonds: Based on passage of the Mello-Roos Community Facilities Act of 1982, certain housing tracts may be within what are called community facilities districts where special taxes are assessed to finance des MORE

Long Bonds

Business / Finance / Long Bonds: Bonds with a long current maturity. The 'long bond' is the 30-year U.S. Treasury bond. MORE

Mortgage Revenue Bonds

Business / Real Estate / Mortgage Revenue Bonds: A type of tax-exempt industrial development bond offered by state and local governments through their housing financing agencies. MORE

Municipal Bonds

Business / Real Estate / Municipal Bonds: Bonds issued to finance public improvements such as parks, schools and urban renewal projects. MORE

Junket

Entertainment / Video Games / Junket: A press event where companies show their wares to the press, and provide entertainment. MORE

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