noun
Meaning 1
A legal entity (usually a limited company or a limited partnership) created to fulfill narrow, specific or temporary objectives, typically used for taxation benefits or to reduce financial risks.
Definition source: English Wiktionary via Wiktextract
Topics: business, economics, finance, sciences
No example sentence was provided for this meaning.
Meaning relationships
Synonyms: SPE, special-purpose entity
Antonyms: none provided
Broader terms: vehicle, entity