Oct 292019

Typically relates to securitisation. A corporate or bank which wants to securitise it’s assets sets up a special purpose vehicle that does nothing more than buy those assets and use them as collateral to sell securities. The corporate or bank thus manages to get the assets off it’s balance sheet and may still receive fees for managing the assets.

Please browse the site for more banking and finance terms. We are adding new terms every single day, so come back tomorrow, or sign up to the ‘Word of the Day’ email to receive a definition like the meaning of Special Purpose Vehicle (SPV) in your mailbox each morning.


Please leave your comments on Special Purpose Vehicle (SPV) below. Remember, every comment gets you another entry into the random prize draw for 100 GBP of Amazon vouchers.

Next winner will be selected on [date]. Comment now!

 Leave a Reply

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>