Non-Investment Grade Bonds (Unsecured Debentures)
See Also: Common Stock Company Valuation Convertible Debt Instrument Coupon Rate Bond Covenant Definition of a Bond Contract Non-Investment Grade Bonds (Unsecured Debentures) A non-investment grade bond, also called a speculative bond, a high yield bond, an unsecured debenture, or a junk bond, is a bond that is considered a low quality investment because the
July 24, 2013
