Explore definitions of longevity and life settlements sectors terminology beginning with H.
This glossary provides concise explanations of terminology commonly used in the longevity and life settlements sectors. Below you'll find terms beginning with the letter H.
- High-Yield Bonds
High-Yield Bonds: Bonds are debt instruments, usually issued for a period of more than one year with the intention of raising capital by borrowing from the bond holders. A bond is typically a promise to repay the principal along with interest on a specified date. High-yield bonds are rated less than Baa by Moody’s or less than BBB by Standard & Poor’s. These types of bonds typically exhibit greater risk (lower quality) than Investment-Grade Bonds, but offer the opportunity for greater returns.