Special Purpose Entity: Difference between revisions
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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). | |||
== See also == | == See also == | ||
* [[Conduit]] | * [[Conduit]] | ||
* [[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).