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Tip of the Day Optimize your 401(k)

Optimize your 401(k) - In order to optimize your 401(k) you should try to get your employer to offer employer matching funds and set your contribution level to the level...

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Special Purpose Entity

Special Purpose Entity - Financial risk  isolation bodies, vehicles or entities. Oftentimes abbreviated as (SPV/SPE) - Also referred to as a "bankruptcy-remote entity" whose operations are limited to the acquisition and financing of specific assets. The SPV is usually a subsidiary company with an asset/liability structure and legal status that makes its obligations secure even if the parent company goes bankrupt. Oftentimes reeks of  financial statement manipulation, off-balance sheet activities, or used to hide debt.  A subsidiary corporation designed to serve as a counterparty for swaps and other credit sensitive derivative instruments. Also called a "derivatives product company."

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customwritingcompany said:

A unique reason vehicle/substance is a backup organization with an advantage/risk structure and lawful status that makes its commitments secure regardless of the possibility that the parent organization goes bankrupt. A SPV/SPE is additionally a backup company intended to fill in as a counterparty for swaps and other credit delicate subsidiary instruments.

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Definition of the Day Athens Stock Exchange

Athens Stock Exchange - The Athens Stock Exchange, also known at the ASE, is the major stock market or exchange, which is located in Athens, Greece and is operated by a council utilizing seven administrators. The Athens stock exchange uses a modern electronic system, called OASIS, for trading its trade...

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