What is another word for special purpose vehicle?
Pronunciation: [spˈɛʃə͡l pˈɜːpəs vˈi͡əkə͡l] (IPA) 
Special purpose vehicle, or SPV, is a term used in finance and accounting to describe a legal entity created for a specific purpose such as financing, investing or holding assets. There are many other terms that are used interchangeably for SPVs, including special purpose entity (SPE), bankruptcy-remote vehicle, structured entity, bankruptcy-remote entity and asset-backed vehicle. These terms essentially refer to the same type of entity, which is used to isolate the risks associated with a particular asset or liability. Such vehicles are becoming increasingly popular as investors look for creative ways to risk-manage their portfolios while achieving higher returns.
