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Dictionary by pitch.dog
Company forms & group structures · Core

Special purpose vehicle

Also called: SPV, special purpose entity, SPE

ELI5

A legal entity created for a limited transaction, asset, financing or risk-isolation purpose.

Used in conversation

“The draft mentions special purpose vehicle, but the scope and jurisdiction are still unclear.”

Pitch context

You will see “Special purpose vehicle” in board papers, contracts, policies, risk registers and compliance reports when the discussion reaches company forms & group structures.

Why it matters: In company forms & group structures, a loose definition can change rights, obligations, approval, disclosure or enforceability.

Caution

Meaning, enforceability and required process vary by jurisdiction and agreement; this definition is not legal advice.

Connected terms

  • SPVThe search label “Special purpose vehicle” can route to both entries.
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Sources & evidence · 3

Direct term-level sources and supporting source families.