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junk bond


junk bond

noun

Definition of JUNK BOND

: a high-risk bond that offers a high yield
See junk bond defined for English-language learners »

First Known Use of JUNK BOND

1974

Rhymes with JUNK BOND

abscond, ash-blond, beau monde, beyond, despond, fishpond, Gironde, gourmand, haut monde, millpond, neoned, pair-bond, respond

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