variable interest entity (VIE)
A variable interest entity is an affiliated or nonaffiliated entity in which a company is deemed to have a financial interest, even if such interest is not evidenced contractually.
variable interest entity (VIE)
A variable interest entity is an affiliated or nonaffiliated entity in which a company is deemed to have a financial interest, even if such interest is not evidenced contractually.
Additional Information
It is typically used to hold or transfer tangible and intangible assets and liabilities.
