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). | |||
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).
