You know what it looks like… but what is it called?
TAKE THE QUIZ“special purpose”
We have one entry that includes the term special purpose.
special purpose acquisition company
noun: a corporate shell (see shell entry 1 sense 11) set up by investors for the sole purpose of raising money through an initial public offering to acquire another business yet to be determined : blank check company —abbreviation SPAC
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Merriam-Webster unabridged