any corporate bond with a low rating and a high yield, often involving high risk.
(finance) a security that offers a high yield but often involves a high risk of default
A bond having high yield but relatively little security, used as a payment for one company by another in a corporate merger: Fed adopts ”Junk Bond” curbs (mid-1970s+)
- Junk DNA
1. segments of DNA that have no apparent genetic function. noun 1. DNA that consists of repeated sequences of nucleotide and has no apparent function junk DNA (jŭngk) DNA that serves no known biological purpose, such as coding for proteins or their regulation. Junk DNA makes up the vast majority of the DNA in the […]
noun 1. a telephone call soliciting a donation or selling a product or service by a caller making many such calls to a list of prospects.
[juhng-ker] /ˈdʒʌŋ kər/ noun, Slang. 1. a car that is old, worn out, or in bad enough repair to be scrapped. [yoo ng-ker] /ˈyʊŋ kər/ noun 1. a member of a class of aristocratic landholders, especially in East Prussia, strongly devoted to militarism and authoritarianism, from among whom the German military forces recruited a large […]
[yoo ng-ker-duh m] /ˈyʊŋ kər dəm/ noun 1. the as a group. 2. (sometimes lowercase) the condition or character of a . 3. (sometimes lowercase) the spirit or policy of the ; Junkerism.