SPEs
Type: noun, acronym
Pronunciation: /ess-pee-eez/ or /s-p-e’s/
Also spelled or known as: Special Purpose Vehicles, Special Purpose Entities
Singular: SPE
Related: Investment, SPVs
What does SPEs mean? Special Purpose Entities; Separate legal entities created by a parent company or investors for a specific business or investment purpose.
SPEs are often used to isolate assets, raise funding, manage rights, or structure ownership in a specific project.
In music, an SPE may be used for catalog acquisitions, royalty investments, or project financing.
SPEs synonyms: Special Purpose Entities, Project Entities, Investment Vehicles
Example sentence: “The investors created SPEs to acquire music catalogs.”
PRE-ORDER RECORDING BUSINESS DICTIONARY