HIGH-YIELD DEBT Definition

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HIGH-YIELD DEBT is a business term referring to a corporate debt instrument (non-investment grade or junk bond), that has a higher yield (compared to investment grade debt) because of a high perceived credit risk (default risk). See also JUNK BOND.

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REPORT DATE is the date conclusions are transmitted to the client.

OPTIMAL SOLUTION is that which is determined to be the best solution from all feasible solutions.

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