Glossary entry (derived from question below)
Spanish term or phrase:
fondo buitre
English translation:
vulture fund
Added to glossary by
Valerie Martin
Oct 30, 2003 10:31
21 yrs ago
7 viewers *
Spanish term
fondo buitre
Spanish to English
Bus/Financial
"el FONDO BUITRE Em ltd pidió que el viernes se levante la suspensión de la ejecución del fallo que le permitirá cobrar casi 750 millones de dólares."
-- Regarding Argentina's debt restructuring. Funds that buy huge amounts of debt to later sue the defaulted country for huge amounts of money.
-- Regarding Argentina's debt restructuring. Funds that buy huge amounts of debt to later sue the defaulted country for huge amounts of money.
Proposed translations
(English)
5 | vulture fund | Valentín Hernández Lima |
5 +4 | vulture fund | MJ Barber |
Proposed translations
3 mins
Selected
vulture fund
If you have to translate this, 'vulture fund' is the term as the following definition shows:
Vulture Fund. A fund that buys securities in distressed investments, such as high-yield bonds in (or near) default or equities that are in (or near) bankruptcy.
www.investopedia.com/terms/v/vulturefund.asp
A truly vulturine behaviour, may I say!
Cheerio,
V
Vulture Fund. A fund that buys securities in distressed investments, such as high-yield bonds in (or near) default or equities that are in (or near) bankruptcy.
www.investopedia.com/terms/v/vulturefund.asp
A truly vulturine behaviour, may I say!
Cheerio,
V
4 KudoZ points awarded for this answer.
Comment: "Gracias!"
+4
2 mins
vulture fund
A fund that buys securities in distressed investments, such as high-yield bonds in (or near) default or equities that are in (or near) bankruptcy.
Peer comment(s):
agree |
Valentín Hernández Lima
: Indeed.
0 min
|
thanks Valentin.That is certainly what it looks like
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agree |
tazdog (X)
: what, speed counts for nothing? ;-)
1 hr
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agree |
Cecilia Della Croce
2 hrs
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agree |
Gordana Podvezanec
7 hrs
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