Definitions for "Junk Bonds"
Keywords:  baa, bbb, moody, yield, grade
Corporate bonds rated BB or lower (S&P), or Baa or lower (Moody's).
Bond issued by a corporation or municipal government which is rated B or less and sold at a deep discount from the face amount ($1,000).
high-risk, high-yield bonds. p. 370
Keywords:  pourries, obligations
Obligations pourries