Deal
A term used to describe a specific investment opportunity in an asset, such as a portfolio company’s share offering or a real estate project. “Doing
SPV Dictionary
This Special Purpose Vehicle (SPV) Dictionary serves as a comprehensive resource for understanding the terminology associated with these financial instruments. SPVs, by their nature, can involve a complex interplay of legal, accounting, banking, tax, compliance, and administrative considerations. This dictionary aims to provide clear and concise definitions for the key terms encountered in the context of SPVs.
Debt (Liability, Financial Obligation)
An amount of money borrowed by one party from another, with the agreement to repay it at a later date, typically with interest. A convertible
Delaware (State of Delaware)
Delaware is the most commonly selected jurisdiction for the formation of Special Purpose Vehicles (SPVs), primarily due to its well-established legal framework, particularly the Delaware
Discount
In finance, a discount refers to the condition where the price of a bond or security is lower than its par or face value. The
Distribution
A payment made by a company to its shareholders, which may consist of stock, cash, or other assets such as crypto tokens. In the context
Doing Business
The term “doing business” refers to a legal condition where a business regularly conducts its normal activities in a state other than its original registered
Dossier
A collection of papers containing information on a particular subject or person.
DPA (Debt Payable by Assets)
A type of debt security, typically used in crypto token presales, that is payable through assets. DPAs may be issued to both accredited and unaccredited