vulture fund
- A type of investment entity that focuses on purchasing organizations that are bankrupt or financially distressed, with an intent to restructure and eventually sell them for profit
- The vulture fund decided to buy the struggling manufacturing company, planning to turn it around and make a considerable profit.
- Experts have noted a rise in vulture fund investments amid the economic downturn as many companies face bankruptcy.
- Despite public outcry, the vulture fund was successful in its bid to buy the failing department store, promising to make significant changes to ensure profitability.
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