单词 | vulture investor |
释义 | > as lemmasvulture investor attributive. Finance (originally and chiefly U.S.). Chiefly depreciative. Of or relating to investment in the assets of companies which are performing poorly and may therefore be undervalued; of or relating to investment in the debts of failing or bankrupt companies with substantial tangible assets. Usually in vulture fund, vulture investor. Cf. vulture capitalist n. at Additions. ΚΠ 1985 Wall St. Jrnl. 27 Nov. 27/1 The vulture funds obviously are looking at the troubled loan portfolios held by savings and loan associations and banks as a prime source of properties. 1990 Washington Post 18 Mar. h1 ‘Vulture’ investors who speculate in the stocks and bonds of ailing companies. 1997 Jrnl. Econ. Lit. 35 1691/2 The authors..find positive abnormal returns for the target's common stock and bonds in the two days surrounding the announcement of a vulture purchase of public debt or equity. 2001 Business Week 20 Aug. 162 One of the best tech bets for now could be the ‘vulture funds’ that are snapping up debt of disconnected telecoms. < as lemmas |
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