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.
Sources & evidence · 3
Direct term-level sources and supporting source families.
- OECD — G20/OECD Principles of Corporate Governance 2023Direct source · institutional · checked 2026-08-16
- U.S. Securities and Exchange Commission — EDGAR and filing resourcesDirect source · primary · checked 2026-08-16
- National Institute of Standards and Technology — Computer Security Resource Center GlossarySupporting source family · primary · checked 2026-08-16