Vulture: Difference between revisions
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imported>Doug Williamson (Create the page. Source: The Handbook of International Financial Terms, Moles & Terry, 1997.) |
imported>Doug Williamson m (Generalise to 'borrower'.) |
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A derogatory term for a particular type of investor in financially distressed assets. | A derogatory term for a particular type of investor in financially distressed assets. | ||
The implication is that the vulture investor will benefit if the underlying business fails, and may even have a strategy of bringing about the failure of the business. | The implication is that the vulture investor will benefit if the underlying business or borrower fails, and may even have a strategy of bringing about the failure of the business or other borrower. | ||
Revision as of 11:47, 6 October 2014
A derogatory term for a particular type of investor in financially distressed assets.
The implication is that the vulture investor will benefit if the underlying business or borrower fails, and may even have a strategy of bringing about the failure of the business or other borrower.
