Idiom · CEFR C1
vulture fund
idiom
秃鹫基金；指以低价购买陷入困境的企业或国家债务,然后通过诉讼或追讨要求全额偿还以获利的投资基金。
- 1.
An investment fund that buys the debt of financially distressed entities at a low price and then tries to profit by enforcing repayment or suing for the full amount owed.
秃鹫基金；指以低价购买陷入困境的企业或国家债务,然后通过诉讼或追讨要求全额偿还以获利的投资基金。
秃鹫基金；指以低价购买陷入困境的企业或国家债务,然后通过诉讼或追讨要求全额偿还以获利的投资基金。
In use
The vulture fund threatened to sue the impoverished country for the full value of its bonds.
Dictionary facts from AI_SUPPLEMENT.