junk bond
noun/ˈdʒʌŋk bɒnd/
/ˈdʒʌŋk bɑːnd/
(business)- a type of bond that pays a high rate of interest because there is a lot of risk involved, often used to raise money quickly in order to buy the shares of another company
风险债券，垃圾债券（利息高、风险大，常用于迅速集资进行收购） - the high yield on junk bonds
高风险债券的高收益
- the high yield on junk bonds