specified purpose company; specific purpose company
A legal entity used in Japan for asset securitization and structured finance, similar to a special purpose vehicle (SPV). Often abbreviated as SPC. Compare 特別目的会社 (とくべつもくてきがいしゃ), which is a broader term.
See also: 特別目的会社 (とくべつもくてきがいしゃ)
For this project, we established a specified purpose company to securitize the assets.