This is one of the hand signals that the law requires you to know. If you do not have blinkers you can signal you are making a left turn by extending your left arm straight out at a 90 degree angle to your body. Even car drivers that don't know these signals can figure this one out pretty easily.
SPV (SPE) A special purpose vehicle (SPV) or special purpose entity (SPE) is a company that is created solely for a particular financial transaction or series of transactions. It may sometimes be something other than a company, such as a trust. The SPV's debts may, or may not, be raised with recourse to the ârealâ borrower.
DEFINITION of 'Special Purpose Vehicle/Entity-SPV/SPE'. 1. 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. 2.