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A special-purpose entity (SPE; or, in Europe and India, special-purpose vehicle/SPV; or, in some cases in each EU jurisdiction, FVC, financial vehicle corporation) is a legal entity (usually a limited company of some type or, sometimes, a limited partnership) created to fulfill narrow, specific or temporary objectives.
Orphan structure or Orphan SPV or orphaning are terms used in structured finance closely associated with creating SPVs ("Special Purpose Vehicles") for securitisation transactions where the notional equity of the SPV is deliberately handed over to an unconnected 3rd party who themselves have no control over the SPV; thus the SPV becomes an "orphan" whose equity is controlled by no one.
Abbrev. [1]Meaning [1] Latin (or Neo-Latin) origin [1]; a.c. before meals: a.d., ad, AD right ear auris dextra a.m., am, AM morning: ante meridiem: nocte every night ...
SPV GmbH (short for Schallplatten Produktion und Vertrieb GmbH, "Vinyl Production and Distribution Company") is a German independent record label. Founded on 1 January 1984, it has slowly grown to be one of the largest independent distributors and record labels worldwide.
The Budd SPV-2000 is a self-propelled diesel multiple unit railcar built by the Budd Company between 1978 and 1981 for use on North American commuter railroads. The design was a successor to Budd's popular Rail Diesel Car (RDC) but based on the body of the Amfleet passenger car.
A bankruptcy remote company is a company within a corporate group whose bankruptcy has as little economic impact as possible on other entities within the group. A bankruptcy remote company is often a single-purpose entity, and frequently deployed in the context of mortgage securitizations.
The Shope papilloma virus (SPV), also known as cottontail rabbit papilloma virus (CRPV) or Kappapapillomavirus 2, is a papillomavirus which infects certain leporids, causing keratinous carcinomas resembling horns, typically on or near the animal's head.
The rodent was first described based on material collected from the Barrancas de San Gregorio, Uruguay, a series of sea cliffs in the San José Department by Kiyú beach.The enormous fossils, catalogue number 28.VI.65.1 SPV-FHC, comprise a left mandibular (lower jaw) fragment which preserves the bottom part of the incisor, the premolar, the first two molars, a cavity corresponding to the third ...