Junk Bond

SmallBusiness.com: The free small business resource

In finance, a high yield bond (non-investment grade bond, speculative grade bond or junk bond) is a bond that is rated below investment grade at the time of purchase.

See Also

This term or phrase is currently an entry in The SmallBusiness.com Open Glossary. Please help expand this entry into a more detailed description.

This is a SmallBusiness.com stub: This page has been started by a user, but it needs more information and formatting to be considered an entry. If you can help, please add information that will make this entry helpful. See: How to edit an entry.

Source

This entry includes content from the following Wikipedia article: Junk bond