SPV

SPV　特殊功能公司　

1.also referred to as a“bankruptcy-remote entity”whose operations are limited to the acquisition and financing of specific assets.The SPV is usually a subsubsidiary company with an asset/liability structure and legal status that makes its obligations secure even if the parent company goes bankrupt.2.a subsidiary corporation designed to serve as counterparty for swaps and other credit sensitive derivative instruments.Also called a“derivatives product company”.