Deposit and Special Purpose Entity: Difference between pages

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#A sum of money paid by a buyer as part of the sale price of something in order to reserve it.  The deposit may or may not be returned if the sale is not completed.
(SPE).  
#A sum of money lent to or placed with a financial organisation, such as a bank, for a set period or an indeterminate period for safekeeping or to earn interest or as a security to cover potential trading losses.
 
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).




== See also ==
== See also ==
* [[Deposit account]]
* [[Conduit]]
* [[Depositor]]
* [[Entity]]
* [[Hot money]]
* [[Securitisation]]
* [[NMD]]
* [[SPAC]]
* [[Stability]]
* [[Special purpose vehicle]]
* [[Sponsor]]
* [[SSPE]]
 
[[Category:Compliance_and_audit]]

Latest 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).


See also