Definition of High-yield bond
1. Noun. A (speculative) bond with a credit rating of BB or lower; issued for leveraged buyouts and other takeovers by companies with questionable credit.
Lexicographical Neighbors of High-yield Bond
Literary usage of High-yield bond
Below you will find example usage of this term as found in modern and/or classical literature:
1. OECD Economics Glossary: English-French = Glossaire de L'économie de L'OCDE by Oecd (2006)
"... investment-grade bond obligation de premier rang (de catégorie investissement) [FIN] high yield bond obligation à rendement élevé [FIN] holding of bonds ..."
2. Economic Report of the President of the United States, 1996 by DIANE Publishing Company (1996)
"Chart 2-10 Bond Yield Spreads Risk spreads between corporate bonds and Treasury securities remained narrow in 1996. Percentage points 12 10 high-yield bond ..."
3. The Value of Money by Benjamin McAlester Anderson (1917)
"... for which he wishes to hold a store of value, he may well find that a high yield bond, or a loan upon real estate, or many other productive investments, ..."