/ Dictionary / Index J junk bond: Meaning and Definition of Find definitions for: junk' bond" Pronunciation: [key] — Finance. Finance. any corporate bond with a low rating and a high yield, often involving high risk. Random House Unabridged Dictionary, Copyright © 1997, by Random House, Inc., on Infoplease. junk art junk call Related Content Daily Word Quiz: abstain Analogy of the Day: Today’s Analogy Spelling Bee: Today’s Spelling Bee Frequently Misspelled Words Frequently Mispronounced Words Easily Confused Words Writing & Language