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Special Purpose Vehicle

Definition of 'Special Purpose Vehicle'

A special company, established in a certain country for specific benefits, ie lower tax rates.

For example, the kind of company that could be set up is a reinforcing subsidiary or offshore insurance company.

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Related Terms

SDR Fund Sterilisation Sterilization Value Based Management Aquisition Assisted Area Basket Currency Co-Investor Convertible Currency Golden Shares Pure Inflation Special Dividend Special Drawing Right Special Drawing Rights

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