See Also: Special-Purpose Entity(money)
Special purpose entity(finance)
Special Purpose Value(money)
Entity(money)
entity(dictionary)
entity(dictionary)
Entity(medicine)
Legal entity(money)
Legal entity(finance)
Separate entity principle(finance)

pillage (oh) and Special-Purpose Entity (money)


pillage (oh)



[Date: 1300-1400; Language: French; Origin: piller 'to rob']
if soldiers pillage a place in a war, they steal a lot of things and do a lot of damage
-synonym plunder plunder
-- pillage n [U]
-- pillager n [C]

Special-Purpose Entity (money)


Definition: [crh] A financing technique in which a company decreases its risk by creating separate partnerships, rather than subsidiDefinition: aries, for certain holdings and solicits outside investors to take on the risk. In order to qualify as a special-purpose entity, whose financial results are not carriDefinition: ed on the company's books, the unit must meet strict accounting guidelines. Compare to subsidary.