Unverified50% confidenceFactExact time
A special purpose vehicle (SPV) is an independent legal entity established by a parent company specifically to hold separate assets and liabilities, with its debts legally not constituting direct obligations of the parent company.
1
Sources
50%
Confidence
Long-term
Relevance
9/20/2026
First Seen
Sources
Related Entities
Related Claims
UnverifiedAs long as the parent company does not meet the accounting standards' consolidation criteria for the SPV, the SPV's borrowings will not appear on the parent company's consolidated balance sheet.73% similarUnverifiedOff-balance-sheet financing refers to the practice by which companies use legal and accounting arrangements to prevent certain debts or risks from appearing directly on the parent entity's balance sheet.53% similar
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