| 词汇 | junk bond |
| 释义 | junk bondWord family nounjunkiejunkinessjunk bondjunk foodjunk mailjunk shopjunkjunkyard Stocks & shares ˈjunk bond noun [countableC] BFSa bond which has a high risk and is often sold to pay for a takeover 低档债券，风险债券，垃圾债券 Examples from the Corpus junk bond• In 1984 our two-man junk bond department spoke at a Salomon Brothers seminar for several hundred savings and loan managers.• Salomon Brothers, slow to learn about take-overs and largely absent from the junk bond market, missed the bonanza. From Longman Business Dictionary junk bondˈjunk bondFINANCE a bond with a high rate of interest, but with a high risk of not being repaid → bondHe estimates that 38% of junk bonds will default at some point. |
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