What is the definition of Vulture funds? | Dictionary.net

VULTURE FUNDS

\vˈʌlt͡ʃə fˈʌndz], \vˈʌlt‍ʃə fˈʌndz], \v_ˈʌ_l_tʃ_ə f_ˈʌ_n_d_z]\

Definitions of VULTURE FUNDS

1910 - Black's Law Dictionary (2nd edition)

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Derogatory term for mutual funds invested in property's at liquidation prices and who will make a killing when it is sold later.

1910 - Black's Law Dictionary (2nd edition)
By Henry Campbell Black

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