Special Purpose Vehicle

Special Purpose Entity - A Special Purpose Entity (SPE) is a legal entity created for a specific, limited purpose, particularly in financial transactions. This entity is often used to isolate financial risk by legally segregating certain activities, assets, or investments from the main organization, thereby facilitating transaction security and credit enhancement.

Class Information

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Identification

IRI: https://folio.openlegalstandard.org/RBXeFnOtcGD1SnlKcTDDOAx
Label (rdfs): Special Purpose Entity
Preferred Label: Special Purpose Vehicle
Alternative Labels: Financial Vehicle Corporation, SPE, SPV
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Definition and Examples

Definition: A Special Purpose Entity (SPE) is a legal entity created for a specific, limited purpose, particularly in financial transactions. This entity is often used to isolate financial risk by legally segregating certain activities, assets, or investments from the main organization, thereby facilitating transaction security and credit enhancement.
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Translations

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Class Relationships

Sub Class Of: Business Entity Characteristics
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Additional Information

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Deprecated: False

Metadata

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