Examlex
In China, only children are most accurately described as
SPE
A Special Purpose Entity is a legal entity created by a firm specifically to isolate financial risk, typically for securitization or financing projects.
Primary Beneficiary
The main individual or entity intended to receive the benefits from a trust, insurance policy, or other fiduciary arrangement.
Fair Value
An estimation of the market value of an asset or liability based on current market conditions.
Non-Controlling Interest
A share in the equity of a subsidiary not owned by the parent company, representing outside ownership interest in the subsidiary.
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