"junk status" refers to a situation where a company or government's financial situation is seen as risky or unreliable. It means they have a low credit rating, similar to having a poor financial reputation.
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«junk»
«status»
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Sentences with «junk status»
- The town's credit rating now is one step above junk status. (newsday.com)
- We have seen our bond rating increase from near junk status to «A» category ratings. (rocklandtimes.com)
- At junk status during the company's dark days, the firm's debt is now just one notch below investment grade. (nreionline.com)
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