A type of bond which not form a sound company or organisation and has a poor credit rating. It carries a high risk and offers high returns quickly. The trick is to know when to get in and out as it is volatile.
Knowledge is the key to success. That is why we have gone to great lengths to get you these business terms and jargon, and explain them in Plain English. Its very easy to comprehend. Learn to understanding and know your business jargon. This will keep you informed among your peers. Bookmark Your business dictionary.