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Fiscally Transparent Entity

A legal business entity that passes all its income on to the owners or investors of the business. The income...

FTE

It stands for flow-through entity; a legal business entity that passes all its income on to the owners or investors...

Flow-Through Entity

A legal business entity that passes all its income on to the owners or investors of the business. The income...

PTE

It stands for pass-through entity; a legal business entity that passes all its income on to the owners or investors...

Pass-Through Entity

A legal business entity that passes all its income on to the owners or investors of the business. The income...

Virtual Entity

A hypothetical entity that has no legal identity different from that of its parent entity. A virtual entity consists of...

Virtual Entity

A business or non-business construct that is not constituted as a legal entity. The concept of virtual entity is commonplace...

Legal Entity

A individual, group of persons, business or non-business construct that has legal rights and obligations in connection with agreements, contracts,...

SPV

An acronym for special purpose vehicle; an entity (legal entity) that is specially established to fulfill a certain narrow or...

Special Purpose Vehicle

An entity (legal entity) that is specially established to fulfill a certain narrow or temporary purpose, rather than to function...