Special Purpose Vehicles
Type: noun
Pronunciation: /speh-shul-pur-pose-ve-he-kools/
Also spelled or known as: SPVs, Special Purpose Entities
Singular: Special Purpose Vehicle
Related: Investment, SPEs
What does Special Purpose Vehicles mean? Separate legal entities created by a parent company or investors for a specific business or investment purpose.
Special Purpose Vehicles aka SPVs, are often used to isolate assets, raise funding, manage rights, or structure ownership in a specific project.
In music, an SPV may be used for catalog acquisitions, royalty investments, or project financing.
Special Purpose Vehicles synonyms: Special Purpose Vehicles, Project Entities, Investment Vehicles
Example sentence: “The investors created Special Purpose Vehicles to acquire music catalogs.”
PRE-ORDER RECORDING BUSINESS DICTIONARY