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junk muni-bond fund

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junk muni-bond fund

A mutual fund or unit trust that invests in relatively low-grade tax-exempt bonds in order to earn a higher return. Bonds purchased for the fund are rated below investment-grade (that is, lower than BBB), or they are not rated at all.

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junior debt
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Junior mortgage
Junior refunding
junior security
junk bond
junk financing

junk muni-bond fund
Jury of executive opinion
Just In Case - JIC
Just In Time - JIT
Just title
Just-in-time inventory systems
Justified price
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