junk bond

noun

: a high-risk bond that offers a high yield

Examples of junk bond in a Sentence

Recent Examples on the Web

By lining up Nvidia to lease an unbuilt data center in Nevada, an entity backed by Tract Capital was able to borrow $3.8 billion from the junk bond market despite the fact that the entity has no revenue. —Bloomberg, Mercury News, 31 Mar. 2026

The actions by Fitch and S&P Global put some of Brightline’s bonds further into junk bond territory and provide further signals of growing skepticism that the train service will be able to make its debt payments on time and in full in the months ahead. —Tom Hudson, Miami Herald, 27 Jan. 2026

However, taxpayers pay lower interest rates for issuing bonds and Dabrowski complained that the state was once a step above high-interest junk bond status. —Rick Pearson, Chicago Tribune, 6 Jan. 2026

Netflix, a company that built its business on junk bonds, is looking to borrow heavily again. —Emily Graffeo, Fortune, 11 Dec. 2025

Word History

First Known Use

1974, in the meaning defined above

Rhymes for junk bond

• abscond
• beyond
• despond
• respond
• awned
• blond
• blonde
• conned
• dawned
• donned
• fond
• frond

Legal Definition

junk bond

see also:

bond sense 2