Shareholder (Stockholder
Any person, company or other institution that owns at least one share of a company’s stock. Shareholders are a company’s owners. They have the potential
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.
Shutdown (Closedown, Dissolution)
Portfolio company Shutdown. A cessation of operations or activity of a company or a segment of its operations. Usually, it happens when a company experiences
Side Letter
An Organizer will use a side letter to provide one SPV investor different (usually improved) economic terms than another investor or the rest of the
SPA (Stock Purchase Agreement, Deed of Conditional Sale, Deed of Subscription, Asset Purchase Agreement, Purchase Agreement)
A sales and purchase agreement (SPA) is a legal contract that obligates a buyer to buy and a seller to sell a product or service.
SPV (Special Purpose Vehicle)
A legal structure, used typically to aggregate funds of one or more investors to purchase a private asset. SPVs have been used as a financial
SPV Concierge
SPV Concierge is a customizable, comprehensive, high-touch, rapid-response expert SPV service. www.spvconcierge.com
SPV Lite
A lightweight Special Purpose Vehicle (typically a Delaware LLC) that is formed and fully operational before any capital is raised or contributed. Unlike a traditional
SPV One
A single-member Special Purpose Vehicle (also called a “Fund-of-One SPV” or “Single-Investor SPV”) formed by one individual, family office, or institution for the sole purpose
SS4
IRS form or application to apply for an EIN. This relays the contact information for the entity and the person responsible for requesting it. See
SSN (Social Security Number)
A nine-digit number assigned to citizens, some temporary residents and permanent residents of the United States (US) in order to track their income and determine