Special Purpose Entity: Difference between revisions
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imported>Doug Williamson (Update link.) |
imported>Doug Williamson (Update link.) |
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* [[Entity]] | * [[Entity]] | ||
* [[Securitisation]] | * [[Securitisation]] | ||
* [[ | * [[SPAC]] | ||
* [[Special purpose vehicle]] | * [[Special purpose vehicle]] | ||
* [[Sponsor]] | * [[Sponsor]] | ||
Revision as of 15:17, 19 August 2021
(SPE).
A legal entity established to facilitate restricted transactions or purposes for a particular sponsor or sponsors, often characterised by severely limited independence of decision making and a relatively small capital base.
An SPE used for a securitisation is known as a securitisation special purpose entity (SSPE).
