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special-purpose vehicle |
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special-purpose vehicle [′spesh·əl ¦pər·pəs ′vē·ə·kəl] (engineering) A vehicle having a special chassis, or a general-purpose chassis incorporating major modifications, designed to fill a specialized requirement; all tractors (except truck tractors) and tracklaying vehicles, regardless of design, size, or intended purpose, are classified as special-purpose vehicles. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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Tropic V, a bankruptcy-remote special-purpose vehicle, is secured by an $800 million diversified portfolio of newly issued and secondary market trust preferred securities and subordinated debentures of bank and thrift holding companies (80. is a special-purpose vehicle ("SPV") incorporated in the Netherlands with limited liability. The bond is administered through a special-purpose vehicle known as Kamp Re 2005, set up by the issuer, Swiss Re Group, to capitalize the transaction. |
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