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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

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Managing Your Expenses on a Fixed or Reduced Income: Once you've retired, you finally have the opportunity to work at your dream job - keeping yourself happy. It's your chance to visit places you've always wanted to see, take up a new hobby and spend more time with your family and friends. But to be successful at this new position, you've got to make the most of your income and investments. Here are suggestions. More...

No matter what you've done for yourself or for humanity, if you can't look back on having given love and attention to your own family, what have you really accomplished? Elbert Hubbard

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