SSPE

Securitisation Special Purpose Entity.

A special purpose entity used to carry out securitisation transactions.

Also sometimes known as a securitisation special purpose vehicle.

The legal structure and activities of the SPE are designed to isolate its obligations from those of the originator and the holders of the beneficial interests in the securitisation.

See also

• Beneficial owner
• CDO
• Conduit
• Off balance sheet finance
• Securitisation
• Security
• Special Purpose Entity
• Sukuk
• CMBS

Other links

The return of securitisation, The Treasurer, July 2013