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单词 junk bond
释义 junk bond

junk bond noun [C]

(Finance )

a type of bond that pays a high rate of interest because there is a lot of risk involved, often used if a company wants to raise money quickly in order to buy the shares of another company:

The company plans to sell $925 million of junk bonds to fund the acquisition.

investing in high-yield junk bonds

a junk bond fund

(= that invests money in these bonds)

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更新时间:2025/3/9 9:52:13