A B C D E F G H I J K L M N O P Q R S T U V W X Y Z


Vulture Fund

Revision as of 15:28, 13 November 2009 by Ian.Jones (Talk | contribs)
(diff) ←Older revision | Current revision (diff) | Newer revision→ (diff)

Funds that invest in the debt of a company that has or is about to fail, whose market value is extremely low, but in the view of the fund has value. Sometimes referred to as distressed debt funds. Some funds buy heavily discounted poor-country debt and take legal action to reclaim it.

Powered by MediaWiki
GNU Free Documentation License 1.2