(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.

(US) A drawer designated for the storage of various miscellaneous, small, occasionally useful items of little value.

plural of junk drawer

(informal, derogatory) Merchandise bearing Christian slogans.

plural of junk bond

Used other than figuratively or idiomatically: see piece, of, junk. / (derogatory) A bad person or thing; an object of poor quality.

plural of piece of junk

plural of junk shot

plural of junk conference

plural of junk mail