垃圾债券的中文解释

指信贷评级低于BBB-/Baa3的高风险、高收益债券,其信用违约风险显著高于投资级别的债券. 亦称投机级别债券(speculative grade bonds).

Junk Bonds的英文解释

High-risk high-yield bonds, which are rated below investment grade by credit agencies. Also known as speculative grade bonds.

• investment [in´vestmənt]   n.投资；(时间等)投入   (初中英语单词)
• speculative [´spekjulətiv]   a.臆测的；投机的   (英语六级单词)