junk bond
/ˈdʒʌŋk bɒnd/noun
उच्चारण जंक बॉन्ड
जंक बॉन्ड, उच्च-जोखिम ऋणपत्र
Advanced word
noun
- 1
[C] finance
a type of bond that pays a high rate of interest because there is a high risk that the money will not be repaid
जंक बॉन्ड, उच्च-जोखिम ऋणपत्र
- The firm raised money by selling junk bonds.
- Investors chased junk bonds in search of high returns.