Definition of vulture fund in English:

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vulture fund

noun

Finance
A fund which invests in companies or properties which are performing poorly and may therefore be undervalued.
Example sentences
  • Such complacency, they argue, only encourages the vulture funds to target investment trusts with wide discounts.
  • The slowdown in the commercial property market in Ireland may lead to vulture funds looking to obtain short-term value in the Irish market.
  • Bottom feeders, the vulture funds, are an important part of the process in a recovery like this.
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