Construct · 2 fields · 2 citations
One name. Different field. Different construct. One map.
● jingle · one word, two constructs Nearest construct by meaningdrivecompare the meaningsEvery construct on the map is compared with every other by the meaning of its definitions, and the closest one is surfaced here. The nearest construct to vehicle is drive.
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A legal entity or structure through which investors pool and deploy capital while keeping certain assets and risks separate from a sponsor, such as a fund, a trust, or a special purpose vehicle: the vehicle holds the assets and issues the claims, so investors gain exposure through it rather than directly. Gorton and Souleles's 2007 chapter Special purpose vehicles and securitization analysed how such off-balance-sheet vehicles isolate assets and reallocate risk in securitization. The referent is a financial and legal construct that holds and channels money, judged by its structure and risk, and it is not a physical machine, a carrier for a drug, or a term in a metaphor.[1]
In the analysis of metaphor, the image or term that carries the meaning across to an underlying subject, contrasted with the tenor, which is the subject itself: in "the mind is a garden", the garden is the vehicle and the mind is the tenor. Richards's 1936 The Philosophy of Rhetoric introduced this pairing of tenor and vehicle to describe how a metaphor works by the interaction between the two. The referent is a component of figurative language, identified by close reading rather than measured, and it is not a machine, a carrier substance for a drug, or a financial structure.[2]
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