SPE


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Special Purpose Vehicle

A subsidiary of a company that attempts to isolate risk from the parent company by maintaining its assets and liabilities on a completely separate balance sheet. It can be used as a counterparty in swap transactions, or the parent company can finance a project through an SPV that would put the parent company in danger of bankruptcy if the project does not perform well. During the Enron scandal, SPVs developed notoriety because Enron hid much of its debt in SPVs.

SPE

SPE

Either a Single-Purpose Entity or a Special-Purpose Entity.These two are not the same thing.

References in periodicals archive ?
The Heriot-Watt SPE Student Chapter team is one of 32 finalists who will be competing in the PetroBowl Championship in San Antonio in October.
The SPE has more than 143,000 members in 147 countries participating in 199 sections and 337 university
The increasing number of applications in pharmaceutical and environmental laboratories for SPE are among the factors that have made them the fastest growing markets for SPE.
The independent third-party owner possesses the substantive risks and rewards of SPE ownership, generally meaning that the investment and related returns are "at risk" and not guaranteed by another party.
In issue 90-15, the EITF said, "Here's how we deal with it if you have an SPE associated with a lease arrangement.
Third, all financing documents have to be completed (whether the person lending to the SPE is an institutional lender, or the exchanger), and delivered.
Recent developments with SPE cartridge technology are making the technique more reliable, speedy, and amenable to automation.
The EITF concluded a lessee is required to consolidate an SPE lessor when all the following conditions exist:
Russ and Gregorio's passion for this subject matter was contagious and others began to follow suit in embracing the idea that SPE needed to do more to teach the next generation of plastics professionals, to provide them with practical life skills to help them be more successful in both their work and personal lives.
Perhaps the most coveted Society of Professional Engineers (SPE) International recognitions, the SPE International Distinguished Corporate Support Award has been granted to Saudi Aramco for 2013.
The South Texas Section of the Society of Plastics Engineers (SPE), in partnership with the Polymer Materials and Additives Division of SPE and the Thermoplastic Materials and Foams Division of SPE, is sponsoring the International Polyolefins Conference 2007, to be held February 25-28 at the Wyndham Greenspoint Hotel in Houston, TX.