Special-purpose entity
LEGAL ENTITY - USUALLY A LIMITED COMPANY OF SOME TYPE OR, SOMETIMES, A LIMITED PARTNERSHIP - CREATED TO FULFILL NARROW, SPECIFIC OR TEMPORARY OBJECTIVES
Special Purpose Entity; Special purpose vehicle; Special purposes entities; Special purpose company; Special purpose corporation; Single purpose vehicle; Single purpose company; Special-purpose vehicle; Single-purpose company; Singlepurpose company; Single purpose companies; Single-purpose companies; Singlepurpose companies; Single purpose entity; Single-purpose entity; Singlepurpose entity; Single purpose entities; Single-purpose entities; Singlepurpose entities; Single-purpose vehicle; Singlepurpose vehicle; Single purpose vehicles; Single-purpose vehicles; Singlepurpose vehicles; Specialpurpose entity; Special purpose entities; Special-purpose entities; Specialpurpose entities; Special-purpose company; Specialpurpose company; Special purpose companies; Special-purpose companies; Specialpurpose companies; Specialpurpose vehicle; Special purpose vehicles; Special-purpose vehicles; Specialpurpose vehicles; Special Purpose Vehicle; Financial vehicle corporation; Structured finance vehicles; Special purpose entity; Special-Purpose Vehicle
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. SPEs are typically used by companies to isolate the firm from financial risk.