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A vulture fund is a hedge fund or private-equity fund that invests in debt considered to be very weak or in default, known as distressed debt. [2] Investors in the fund profit by buying debt at a discounted price on a secondary market and then using numerous methods to sell the debt for more than the purchasing price.
Lantern is a free and open source [4] internet censorship circumvention tool that operates in some of the most extreme censorship environments, such as China, Iran, and Russia. [5] It was used by millions of Iranians during the Woman, Life, Freedom protests in Iran in 2022 and again during the surge in censorship in Russia following the Russian ...
This page was last edited on 13 May 2012, at 00:55 (UTC).; Text is available under the Creative Commons Attribution-ShareAlike 4.0 License; additional terms may apply ...
Debt management plan (DMP) is an agreement between a debtor and a creditor that addresses the terms of an outstanding debt. [1] This commonly refers to a personal finance process of individuals addressing high consumer debt. Debt management plans help reduce outstanding, unsecured debts over time to
PRA Group, Inc. is a publicly-traded debt buyer and debt collection company based in Norfolk, Virginia. The company buys delinquent consumer debt from credit card issuers and other financial institutions at a discount and pursues collection of the full debt owed. Founded in 1996, PRA Group employs more than 3200 people in 18 countries. [2] [3]
The Robodebt scheme was an unlawful [1] [2] method of automated debt assessment and recovery implemented in Australia under the Liberal-National Coalition governments of Tony Abbott, Malcolm Turnbull, and Scott Morrison, and employed by the Australian government agency Services Australia as part of its Centrelink payment compliance program.
The debt remissions checked the power of elites, who would otherwise amass great fortunes of land cultivated by serfs, and ensured that enough free labourers were available to serve in the army and for public work duties. [1] The earliest known debt cancellation was proclaimed by Enmetena of Lagash c. 2400 BCE.
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