vulture fund

名词 n.
中文释义

英文释义

名词 n.
  1. A hedge fund or private equity fund that invests in debt considered to be very weak or in imminent default. Investors profit by buying debt at a discounted price on a secondary market and then suing the debtor for a larger amount than the purchasing price. derogatory
    — This chapter discusses current official initiatives designed to curb vulture fund litigation and proposes a rethinking of the doctrine of sovereign immunity as a key measure to curb the predatory behaviour of vulture funds.

词形变化

vulture funds plural
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