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high-yield bond

n.
1.a (speculative) bond with a credit rating of BB or lower

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    Idiom of the Day

    a standing joke
    something that regularly and over time causes amusement when it is mentioned
    It was a standing joke around our office that our boss was a very bad golfer.



    1.
    John: Actually, I'm a little ________ about this but I haven't any money to pay for the bus home. Do you think you could lend me some readies?

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