{"id":11925,"date":"2018-01-07T04:46:10","date_gmt":"2018-01-07T04:46:10","guid":{"rendered":"https:\/\/reunitethestates.org\/?page_id=11925"},"modified":"2018-01-07T04:46:10","modified_gmt":"2018-01-07T04:46:10","slug":"junk-bond-a-bond-that-pays-interest-at-a-high-rate-because-of-significant-risks-often-issued-to-raise-money-quickly-in-order-to-buy-the-shares-of-another-company","status":"publish","type":"page","link":"https:\/\/reunitethestates.org\/?page_id=11925","title":{"rendered":"Junk Bond – a bond that pays interest at a high rate because of significant risks \u2014 often issued to raise money quickly in order to buy the shares of another company"},"content":{"rendered":"

junk bond<\/span>:<\/span>
\n<\/strong>(1974)<\/span><\/p>\n

1. A bond that pays interest at a high rate because of significant risks \u2014 often issued to raise money quickly in order to buy the shares of another company. <\/strong><\/span><\/p>\n

2. <\/strong>See high-yield bond. [1]<\/span><\/p>\n

1. Corporate bonds that are below investment quality, that is, a high-risk investment.\u00a0 As with high-risk investments generally, junk bonds yield a high rate of interest.<\/strong> [2]<\/span><\/p>\n

References:<\/span><\/span><\/strong><\/p>\n

Disclaimer:<\/span><\/span><\/strong> All material throughout this website is compiled in accordance with Fair Use<\/a><\/span><\/strong>.<\/strong><\/p>\n

[1]: Black\u2019s Law Dictionary\u00a0Deluxe Tenth Edition\u00a0by Henry Campbell Black & Editor in Chief Bryan A. Garner<\/a>. ISBN: 978-0-314-62130-6<\/span><\/strong><\/p>\n

[2<\/span><\/strong>]: Ballantine’s Law Dictionary <\/a><\/span><\/strong>Legal Assistant Edition<\/span><\/a><\/em>
\nby Jack Ballantine\u00a0<\/span><\/strong>(James Arthur 1871-1949).\u00a0\u00a0<\/span><\/em>Doctored<\/span><\/a><\/strong>\u00a0<\/span><\/em>by\u00a0Jack G. Handler,\u00a0J.D.<\/a>\u00a0\u00a9 1994 Delmar by Thomson Learning.\u00a0 ISBN 0-8273-4874-6.<\/span><\/strong><\/p>\n

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