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Special purpose vehicle

• Is an organization constructed with a limited purpose or life. Frequently, these Special Purpose Vehicles serve as conduits or pass through organizations or corporations. They are created for various mortgage backed, real estate, or loan transactions.

 
 Embedded terms in definition
 Mortgage
Pass through
Real estate
 
 Related Terms
 Extra or special dividends
Special dividend
Special drawing rights

<< Special drawing rights Specialist >>

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