vulture capitalist - meaning and definition. What is vulture capitalist
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What (who) is vulture capitalist - definition


vulture capitalist         
<abuse> A pejorative hackerism for "venture capitalist", deriving from the common practice of pushing contracts that deprive inventors of control over their own innovations and most of the money they ought to have made from them. [Jargon File] (1995-04-14)
Vulture capitalist         
Vulture capitalists are investors that acquire distressed firms in the hopes of making them more profitable so as to ultimately sell them for a profit. Due to their aggressive investing nature, and the methods they use to make firms more profitable, vulture capitalists are often criticized.
Zopilote         
  • Black vulture pair feeding on a [[mule deer]] head. Plate 106 from ''[[The Birds of America]]'' by [[John James Audubon]].
  • Hatchlings
  • Egg, Collection [[Museum Wiesbaden]]
  • ''C. occidentalis'' fossil
SPECIES OF BIRD
American black vulture; Corbeaux; Coragyps atratus; American Black Vulture; Zopilote; Black Vulture; Black Vultures; Black vultures
·noun The urubu, or American black vulture.

Wikipedia

Vulture capitalist
Vulture capitalists are investors that acquire distressed firms in the hopes of making them more profitable so as to ultimately sell them for a profit. Due to their aggressive investing nature, and the methods they use to make firms more profitable, vulture capitalists are often criticized.
Examples of use of vulture capitalist
1. Maybe it‘s his media nickname, "vulture capitalist," coined because his firm buys up debt held by Third World countries at a discount, then sues them to force repayment in full, sometimes for even more than the original amount.
2. Thanks to a devoted Loop Fan, we now know that the host of Friday‘s $1.4 million Republican National Committee fundraiser at the famed Beresford co–op in New York –– headlined by President Bush –– was none other than Paul Singer, the hedge fund billionaire and renowned "vulture capitalist." Singer, a mega–donor for Republicans and conservative causes over the years, has pumped out more than $2.6 million in contributions over the past decade, according to a records search, to folks such as John McCain, Tom DeLay, Mitch McConnell, Christine Todd Whitman and dozens of others.