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Glossary > S > "Special Purpose Vehicle/Entity - SPV/SPE" Definition

Special Purpose Vehicle/Entity - SPV/SPE

1. Also referred to as a "bankruptcy-remote entity" whose operations are limited to the acquisition and financing of specific assets. The SPV is usually a subsidiary company with an asset/liability structure and legal status that makes its obligations secure even if the parent company goes bankrupt.

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Special Purpose Vehicle/Entity - SPV/SPE - 1. Also referred to as a "bankruptcy-remote entity" whose operations are limited to the acquisition and financing of specific assets. The SPV is usually a subsidiary company with an asset/liability structure and legal status that makes its obligations secure even if the parent company goes bankrupt.

Special Purpose Vehicle/Entity - SPV/SPE : 1. also referred to as a "bankruptcy-remote entity" whose operations are limited to the acquisition and financing of specific assets. the spv is usually a subsidiary company with an asset/liability structure and legal status that makes its obligations secure even if the parent company goes bankrupt.