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High-yield bond   /haɪ-jild bɑnd/   Listen
High-yield bond

noun
1.
A (speculative) bond with a credit rating of BB or lower; issued for leveraged buyouts and other takeovers by companies with questionable credit.  Synonym: junk bond.






WordNet 3.0 © 2010 Princeton University








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Words linked to "High-yield bond" :   bond, bond certificate



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