Difference between revisions of "Special Purpose Entity"

From ACT Wiki
Jump to: navigation, search
(Add link.)
(Expand.)
 
Line 2: Line 2:
  
 
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.
 
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).
  
  

Latest revision as of 15:36, 31 October 2016

(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