Junk Bonds

certificates of financial obligation from a company whose financial status is unstable

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. These bonds have a higher risk of default or other adverse credit events, but typically pay higher yields than better quality bonds in order to make them attractive to investors.
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high risk, high interest paying bonds (see bond rating).

Junk bonds
(Econ) Trái phiếu lãi suất cao.
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