What is another word for toxic asset?
Pronunciation: [tˈɒksɪk ˈasɛt] (IPA) 
Toxic asset is a term used to describe an asset that is unlikely to retain its value, and can cause significant financial losses to the holder. Some commonly used synonyms for toxic asset include worthless asset, dangerous asset, poisonous asset, and contaminated asset. Other terms that can be used interchangeably for toxic asset include bad debt, nonperforming loan, and high-risk investment. In the financial world, toxic assets are often associated with subprime mortgages or bonds that have defaulted. It has been known as a problematic term in the financial lexicon, and there's been an ongoing search for alternative expressions that shed light on their true nature.
