What is a junk market?

A junk market refers to a marketplace where low-quality, often second-hand or discarded goods are bought and sold, typically at low prices. It can also refer to markets dealing with "junk bonds," which are high-risk, low-rated securities. In both contexts, the term highlights the notion of value associated with items that may not meet traditional quality standards. Junk markets can be found in various forms, from physical flea markets to online platforms.