vulture fund (English, noun)
expansion: vulture fund (plural vulture funds)
Senses:
topics: business
finance
glosses: 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.
tags: derogatory
Forms:
form: vulture funds
tags: plural