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Variable Interest Entity |

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| This article is part of WikiProject Definitions. Consider editing to improve it. View articles referencing this definition. |
Variable Interest EntityAn entity in which the investor (usually a company) has a controlling interest, but owns less than a majority of the entity. If a firm is the primary beneficiary of a VIE, the holdings must be disclosed on their balance sheet. The primary beneficiary is defined as the person or company with the majority of control over the VIE's (for example, through voting rights).



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