An SPV is a separate company that is generally kept off the balance sheet that is founded by a parent company to isolate or securitize assets. It could have been established to take on a high-risk project while protecting the parent company from the harshest implications of failure. In other...
12.. The one who plants trees, knowing that he will never sit in their shade, has at least started to understand the meaning of life. “The one who plants trees, knowing that he will never sit in their shade, has at least started to understand the meaning of life.”~ Rabindranath Tag...