Dictionary

vulture fund en · NOUN

Meanings

1. (derogatory) 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.
   • 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. 2018, Ilias Bantekas, Cephas Lumina, Sovereign Debt and Human Rights, Oxford University Press, →ISBN, page 498:

Forms

Translations (10)

ca fons voltor (hedge fund) · nl aasgierfonds (hedge fund) · fr fond vautour (hedge fund) · it fondo avvoltoio (hedge fund) · de Geierfond (hedge fund) · es fondo buitre (hedge fund) · sv gamfond (hedge fund) · pt fundo abutre (hedge fund) · gl fondo voitre (hedge fund) · is hrægammasjóður (hedge fund)