SPE

SPE
special purpose entity (SPE); special purpose vehicle ( SPV)
A legal entity, sometimes a trust or a limited partnership, that is created solely for the purpose of holding assets.
(1) The SPV may be used to obtain "off balance sheet funding" by obtaining secured loans backed by its assets. GAAP accounting rules may permit the assets and liabilities of the SPV to be unconsolidated and therefore off the balance sheet of the entity that generated the assets.
(2) The SPV may issue securities backed by its assets. In a typical collateralized debt obligation, the underlying assets are owned by a special purpose vehicle. The SPV then issues different classes of securities with different risk characteristics. Note that the term " CDO" may be used to refer to the SPV or to the securities that are issued by the SPV. American Banker Glossary

Financial and business terms. 2012.

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  • spe — spe: til spot og spe (til genstand for hån) (jf. in spe) …   Dansk ordbog

  • SPE — steht für: Sozialdemokratische Partei Europas Schul und Prüfungsrechtliche Entscheidungen, Sammlung relevanter Entscheidungen der deutschen Gerichte zum Thema Societas Privata Europaea, eine geplante, EU weit einheitliche Unternehmensrechtsform… …   Deutsch Wikipedia

  • SPE — + special purpose entity (SPE) USA Also known as bankruptcy remote entity, single purpose entity, special purpose vehicle and SPV. An entity formed to develo …   Law dictionary

  • SPE — SPE: 1) [Abk. für engl. solid phase extraction = Festphasenextraktion]: bes. zur Probenvorbereitung chromatographischer Analysen nützliches automatisches Extraktionssystem an festen Sorbentien (auch im Mikromaßstab, SPME); 2) Abk. für engl.… …   Universal-Lexikon

  • spȅći — (koga, što, se) svrš. 〈prez. spèčēm (se), pril. pr. spȅkāvši (se), imp. spèci (se), prid. trp. spèčen〉 1. {{001f}}(koga, se) nanijeti opekotinu; opeći 2. {{001f}}(što) reg. ispeći [∼ prasca] …   Veliki rječnik hrvatskoga jezika

  • spē- Ⅰ — *spē germ.?, Verb: nhd. zunehmen; ne. increase; Hinweis: s. *spēdja ; Etymologie: s. ing. *spēi (3), *spē , *spī , Verb, sich dehnen, gedeihen, gelingen, Pokorny 983; Lit …   Germanisches Wörterbuch

  • spēþa- — *spēþa , *spēþaz, *spæ̅þa , *spæ̅þaz germ., stark. Maskulinum (a): Verweis: s. *spēda s. spēda ; …   Germanisches Wörterbuch

  • spe|le|an — or spe|lae|an «spih LEE uhn», adjective. 1. having to do with or like a cave: »spelean darkness. 2. living in or frequenting caves. ╂[< Latin spēlaeum cave (< Greek sp ) + English an] …   Useful english dictionary

  • spe|le|ol|o|gy — or spe|lae|ol|o|gy «SPEE lee OL uh jee», noun. the scientific study of caves. ╂[< French spéléologie < Greek sp cave + French logie logy] …   Useful english dictionary

  • špȅk — m reg. 1. {{001f}}{{c=1}}v. {{ref}}slanina{{/ref}} 2. {{001f}}mastan potkožni sloj čovjeka, ob. oko pojasa; salo ✧ {{001f}}njem …   Veliki rječnik hrvatskoga jezika

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