Special Purpose Entity: Difference between revisions
From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson (Update link.) |
imported>Doug Williamson (Update link.) |
||
| Line 11: | Line 11: | ||
* [[Entity]] | * [[Entity]] | ||
* [[Securitisation]] | * [[Securitisation]] | ||
* [[ | * [[SPAC]] | ||
* [[Special purpose vehicle]] | * [[Special purpose vehicle]] | ||
* [[Sponsor]] | * [[Sponsor]] | ||
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).
