/

Junk Bond

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

Quantitative easing

Find out what quantitative easing is and how central banks use this monetary measure to encourage economic growth.

Compound interest

Understand what compound interest means and how it's calculated

Value Investing

The art of buying shares which trade below their value, according to the analysis of the value investor.

Junk Bond

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

Accounting standards

The rules a company follows when preparing financial statements.

Balance sheet

A summary of a company's finances, including its assets, liabilities and shareholder equity.

Alpha

The percentage by which an investor outperforms a relevant benchmark.

Yield to maturity (YTM)

What is yield to maturity and why is it useful?

Zero coupon bonds

What is a zero coupon bond?

You’re just minutes away from commission-free investing

When you invest, your capital is at risk

Freetrade does not provide investment advice and individual investors should make their own decisions or seek professional advice. The value of investments can go down as well as up and you may receive back less than your original investment. Freetrade is a trading name of Freetrade Limited, which is a member firm of the London Stock Exchange and is authorised and regulated by the Financial Conduct Authority (FCA reg. no. 783189). Registered in England and Wales (no. 09797821).

© 2026 Freetrade, All rights reserved. The Apple logo is a trademark of Apple Inc. App Store is a service mark of Apple Inc. Google Play and the Google Play logo are trademarks of Google LLC.