JUNK BOND Definition

Bookmark and Share

JUNK BOND is a bond with a speculative credit rating of BB or lower. Such bonds offer investors higher yields than bonds of financially sound companies. Two agencies, Standard & Poors and Moodys Investor Services, provide the rating systems for companies credit. See HIGH YIELD JUNK.

Learn new Accounting Terms

CONVERTIBLE NOTE see CONVERTIBLE DEBT.

COGS see COST OF GOODS SOLD

Suggest a Term

Enter Search Term

Enter a term, then click the entry you would like to view.