Reserves and Special purpose vehicle: Difference between pages

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imported>John Grout
(To add the banking use of the term)
 
imported>Doug Williamson
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''Accounting''.
(SPV).  


This represents the amount of money ‘owed’ to the owner (shareholder) of the company.
A legal entity established to facilitate a single transaction or purpose.


''Banking''


Deposits maintained by non-[[central bank]] [[monetary financial institution]]s with their central bank in the latter's capacity as "the bankers' bank". Central banks may require institutions to maintain minimum balances with the central bank, in which case balances in excess of the minimum are known as "excess reserves". Of course banks publish accounts and use the term in the accounting sense also - do not be confused by this.
== See also ==
* [[Asset backed commercial paper]]
* [[Conduit]]
* [[Special Purpose Entity]]
* [[Sponsor]]
* [[SSPE]]


 
[[Category:Corporate_finance]]
== See also ==
* [[Merger reserve]]
* [[Official reserves]]
* [[Special drawing rights]]
* [[Interest on excess reserves]]

Revision as of 11:22, 12 August 2016

(SPV).

A legal entity established to facilitate a single transaction or purpose.


See also