(FINANCE) originally, a bond rated as not investment grade by a credit rating agency (e.g., Standard & Poor, Ernst & Young, or Moody's).
Later, a bond was a financial instrument deliberately created to have absurdly high levels of risk (of default), which was then priced in and "hedged" by a fund manager. Junk bonds are routinely used to finance leveraged buyouts.
Later, a bond was a financial instrument deliberately created to have absurdly high levels of risk (of default), which was then priced in and "hedged" by a fund manager. Junk bonds are routinely used to finance leveraged buyouts.
Michael Milken was the junk bond innovator who figured out how to make them an effective investment vehicle. Yes, he later went to jail for securities law violations.
by Abu Yahya September 1, 2010
Get the junk bond mug.In reference to the act of giving birth: Blowing out your junk depicts the damage done to the female genitalia by the act of squeezing a baby through a small hole. Past tense: Blew out said junk
by Cheezy the man clown March 29, 2009
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junkshot
• junkshit
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by Skyemean September 6, 2008
Get the Junkst mug.Basically an updated version of "shooting yourself in the foot" or "fucking yourself over."
Taken from the miserable campaign of Jung-Suk Ryu for city Counsillor in Edmonton, AB.
Also:
jungsuker: the individual junsuking oneself.
jungsukery: the act of jungsuking.
Taken from the miserable campaign of Jung-Suk Ryu for city Counsillor in Edmonton, AB.
Also:
jungsuker: the individual junsuking oneself.
jungsukery: the act of jungsuking.
by RAH October 21, 2004
Get the jungsuked mug.by Brittney Sade December 17, 2008
Get the junkfuck mug.junk is a guy's cock and balls
by USAF Cadet October 12, 2020
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