-SPV: Special Purpose Vehicle
Or SPE: Special Purpose Entity
-SPV is a legal entity usualy a limited company or a limited partnership created to fulfill narrow, specific & temporary objectives
-SPV is used for Risk Management/Risk Sharing, Asset Transfer, Financial Engineering (like the case of Enron), to maintain secrecy of Intellectual Property
With Great Love,
Er. Amit Yadav
http://www.stayfoolish.in
Life is easy..!
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