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.
A special purpose entity, sometimes called a special purpose vehicle, is a legal entity created for one very limited, particular task. Typically, SPEs are subsidiaries of a larger corporation. Usually the task of a special purpose entity is to isolate risk. By setting up an SPE dedicated to the acquisition and financing of specific assets, the parent corporation is protected in case of bankruptcy, loan default or other loss on those assets.