A fund which invests in companies or properties which are performing poorly and may therefore be undervalued.
〔财政〕秃鹫基金（一种投资于经营不善的公司或资产的基金）
Example sentencesExamples
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.
Such complacency, they argue, only encourages the vulture funds to target investment trusts with wide discounts.
They are caused by lack of demand and can mean big profits for vulture funds.
Vulture funds buy shares in investment trusts with wide discounts and force a vote that compels trusts to offer a cash exit to shareholders at close to net asset value.
Definition of vulture fund in US English:
vulture fund
noun
Finance
A fund which invests in companies or properties which are performing poorly and may therefore be undervalued.
〔财政〕秃鹫基金（一种投资于经营不善的公司或资产的基金）
Example sentencesExamples
Bottom feeders, the vulture funds, are an important part of the process in a recovery like this.
They are caused by lack of demand and can mean big profits for vulture funds.
The slowdown in the commercial property market in Ireland may lead to vulture funds looking to obtain short-term value in the Irish market.
Vulture funds buy shares in investment trusts with wide discounts and force a vote that compels trusts to offer a cash exit to shareholders at close to net asset value.
Such complacency, they argue, only encourages the vulture funds to target investment trusts with wide discounts.