junk bond
plural of Bonsall
A surname.
(finance) A bond (an instrument of debt) which is considered below investment grade due to a significant risk of default by the issuer. The interest rate is higher in order to compensate holders for that risk.
investment grade
(economics) A capitalistic model of price determination in a market.
彼女はデフォルトのリスクがあるにもかかわらず、より高い利回りを求めてジャンク債に投資した。
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