FINANCE
- creach-chiste Reference Faomhadh an téarma seo mar chuid de Thionscadal Lex
- ga
- vulture fund | distressed debt fund
- en
- Definition private commercial entities that acquire, either by purchase, assignment or some other form of transaction, defaulted or distressed debts, and sometimes actual court judgements, with the aim of achieving a high return Reference "United Nations, General Assembly, Human Rights Council, 'Report of the independent expert on the effects of foreign debt and other related international financial obligations of States on the full enjoyment of all human rights, particularly economic, social and cultural rights, Cephas Lumina', 29.4.2010. http://www2.ohchr.org/english/bodies/hrcouncil/docs/14session/A.HRC.14.21.pdf [8.10.2014]"
- Comment In the sovereign debt context, vulture funds (or “distressed debt funds”, as they often describe themselves) usually acquire the defaulted sovereign debt of poor countries (many of which are heavily indebted poor countries (HIPCs)) on the secondary market at a price far less than its face value and then attempt, through litigation, seizure of assets or political pressure, to seek repayment of the full face value of the debt together with interest, penalties and legal fees.
- fonds vautour | fonds charognard
- fr
- Definition fonds d'investissement spécialisé qui rachète les dettes d'entreprises (et parfois même de pays) en difficulté afin d'en prendre le contrôle et de les restructurer Reference "D'après Lexique de finance, http://www.vernimmen.net/html/glossaire/definition_fonds_vautour.html"
- Comment "Ne pas confondre avec ""fonds spéculatif"" [IATE:902013 ]."