SPE
Type: noun, acronym
Pronunciation: /ess-pee-ee/ or /s-p-e/
Also spelled or known as: Special Purpose Vehicle, Special Purpose Entity
Plural: SPEs
Related: Investment, SPV
What does SPE mean? A separate legal entity 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.
SPE synonyms: Special Purpose Entity, Project Entity, Investment Vehicle
Example sentence: “The investors created an SPE to acquire music catalogs.”
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