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junk bond
Word forms: plural junk bonds
N-COUNT [usually plural] 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 issues junk 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. 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) [business]
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junk bond
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