MLchartDataset catalogue

Variable interest entity (VIE)

Term · Insurance and risk management · MLC-T-INS-003467

A legal entity that lacks sufficient equity investment at risk to finance its activities without additional subordinated financial support, or whose equity investors lack certain decision-making rights or obligations. Under accounting standards, a company that controls a VIE must consolidate the VIE's financial statements. This structure is often used in international business for regulatory or legal reasons.

Table 1. Record
IdentifierMLC-T-INS-003467
FieldInsurance and risk management
AbbreviationVIE
Record as JSON 
{
  "id": "MLC-T-INS-003467",
  "term": "Variable interest entity (VIE)",
  "field": "Insurance and risk management",
  "definition": "A legal entity that lacks sufficient equity investment at risk to finance its activities without additional subordinated financial support, or whose equity investors lack certain decision-making rights or obligations. Under accounting standards, a company that controls a VIE must consolidate the VIE's financial statements. This structure is often used in international business for regulatory or legal reasons.",
  "abbreviation": "VIE",
  "url": "https://mlchart.com/terminology/insurance/variable-interest-entity-vie/"
}

Record 3,570 of 3,708 in Insurance and risk management terminology (MLC-0106). Request the full dataset.