What is junk bonds?
A bond issued by a lower-rated borrower that pays higher interest to offset a bigger risk that lenders never get their principal back.
Terms seen alongside this one
- TOPS 1× together
- zero-day vulnerability 1× together
- capture the flag 1× together
- ClickFix 1× together
Get it in your inbox every day
Daily headlines and summaries, a weekly synthesis every Sunday, and a monthly report at the start of each month. Sent at 8AM KST, which is the evening before in the US.
Free · no ads · one-click unsubscribe