junk bond Idiom, Proverb
word is bond
(interj) saying this means that what you are saying is absolutely correct, and you do not have to put up money to prove it, you just say it. The term originates from the financial markets where hirstorically traders woul tell each other "my word is bond", i.e. my word is good enough, you don't need it in writing."Cause I'm frontin' in my ride, and my word is bond" -- LL Cool J (The boomin' system [1990])
savings bond|bond|savings
n. A government certificate given for money and saved for a number of years so that the government will pay back the money with interest.
Mary bought a $25 savings bond for $18.75. John's father gave him a savings bond for graduation.
bond
bond bottled in bond stored in bonded warehouses for a stated length of time before being bottled, as some whiskey
junk bond
A accumulated band that has a aerial crop but additionally carries a low appraisement and aerial accident of default. They were authoritative huge profits trading clutter bonds, but again the bazaar burst and they were ashore with abandoned balance they couldn't get rid of.Learn more: bond, junkjunk bond
n. a low-rated accumulated band that pays college absorption because of greater risk. (Parallel to clutter food.) Don’t put all your money into clutter bonds. Learn more: bond, junk