SPECIAL PURPOSE VEHICLE Definition

Bookmark and Share

SPECIAL PURPOSE VEHICLE (SPV) is an organization constructed with a limited purpose or life. Frequently, these Special Purpose Vehicles serve as conduits or pass through organizations or corporations. In relation to securitisation, it means the entity which would hold the legal rights over the assets transferred by the originator.

Learn new Accounting Terms

ZERO-RATED denotes goods on which the buyer pays no value-added tax although the seller can claim back any tax he/she has paid.

INVESTMENT CAPITAL is capital realized from issuance of long term debt, common shares, or preferred shares.

Suggest a Term

Enter Search Term

Enter a term, then click the entry you would like to view.