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junk bond
(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.
Related Words
junk bond • Junk Bonding • junk • junk in the trunk • junk mail • junk-show • junk food • junk ball • Junk Drawer • junk funk
Junk Bonding
Example one:
Mike: Why are you talking to that guy?
John: Oh I'm junk bonding so that I can get us those football tickets.
Example two:
Howard: I have never understood why you talk to that woman.
Pete: I'm junk bonding with her cause I'm in a dark place and I need to see this through.
Mike: Why are you talking to that guy?
John: Oh I'm junk bonding so that I can get us those football tickets.
Example two:
Howard: I have never understood why you talk to that woman.
Pete: I'm junk bonding with her cause I'm in a dark place and I need to see this through.
Junk Bonding by Wholeeyo October 26, 2022
More from Urban Dictionary
Boffin
British slang for a scientist or technical expert, esp . when the speaker is not certain of the expert’s specific field of study. Not necessarily derogatory, but typically used by persons without a technical background. In the US, the equivalent would be “egghead”, “squint”, or “geek.”
Origin of the word is unknown. Started sometime in World War 2. Given the typical evolution of British slang, could easily have started because what these experts did was confusing or “baffling” to the common person.
Origin of the word is unknown. Started sometime in World War 2. Given the typical evolution of British slang, could easily have started because what these experts did was confusing or “baffling” to the common person.
Pee Calculus
When you have to pee in a movie but don’t want to miss anything, and must do the following mental equation: will the amount I have to pee cause enough discomfort to diminish my attention capacity for the remainder of the movie to an extent which is greater than the amount of the movie I would miss by making a mad dash to the restroom.
Pee Calculus by anorlondo October 1, 2026
Word of the Day on October 2, 2026
Ajumma
Ajumma by aintnotinbutnice July 5, 2009
Word of the Day on September 30, 2026
Slop Grenade
When someone uses AI to generate a large document, slide deck, or piece of code/software and tosses it over the fence for you to deal with.
Chad: Hey Brent I sent you the new backend API change to review, it’s only 100 files changed.
Brent: he just tossed me a slop grenade
Brent: he just tossed me a slop grenade
Slop Grenade by Joe Squid September 28, 2026
Word of the Day on September 29, 2026