The Registered Direct, or RD, is another common financing vehicle used for growth capital.

"It was a cynical financing vehicle to promote hypergrowth in what is generally not a hypergrowth industry."

"This was an extremely creative financing vehicle."

Some financing vehicles are structured to augment this process by redefining the conversion factor as the stock price declines, thus leading to a "death spiral".

The program remains a primary financing vehicle, indicating the reliance of new construction on public benefits.

Or changes in current accounting standards and securities regulation could relegate Enron's exotic financing vehicles to the past.

Enron's use of partnerships and other financing vehicles, and the role played by Arthur Andersen, remains sketchy.

The investors have profited, at least on paper, by analyzing one variety of Enron's many complicated financing vehicles.

"It is a financing vehicle that is offering a low rate of interest and an upside formula if the films do well," the executive said.

Or as inflows, the receipt of payments on such financing vehicles.