Junk Bond

A form of debt investment that carries higher risk because of the likelihood that the issuer will default.

A form of debt investment that carries higher risk because of the likelihood that the issuer will default.

More terms

Total Return
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Net Income (NI)
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Unicorn
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Ponzi Scheme
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Accrued interest
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Hedge Fund
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Exchange-Traded Fund (ETF)
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Global Investment Performance Standards (GIPS)
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Accounts
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    General Investment Account
Benefits
  • White check mark
    A great way to try Freetrade before transferring your ISA or pension
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    Unlimited commission-free trades. Other charges may apply.
  • White check mark
    Trade USD and EUR stocks at the exchange rate + 0.99% FX fee
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    Access to a selection of Freetrade’s 6,200+ global stocks and ETFs
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    1% AER on up to £1,000 uninvested cash
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Everything in Basic and:
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    Access to 6,200+ global stocks and ETFs, including gilts
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    A lower FX fee of 0.59% on non-GBP trades
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    3% AER on up to £2,000 uninvested cash
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Everything in Standard and:
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    A lower FX fee of 0.39% on non-GBP trades
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    New! Access to mutual funds
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    Priority customer service
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    5% AER on up to £3,000 uninvested cash
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