shell company

shell company
shell company or shell corporation
n.
a company existing as a legal entity but having no significant assets, independent business operations, etc., often owned or controlled by another company and used for various, often illegal, purposes

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Universalium. 2010.

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Look at other dictionaries:

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  • shell company — UK / US noun [countable] Word forms shell company : singular shell company plural shell companies business a company that does not own anything or do any work as an independent company, but is used by its owners to carry out particular business… …   English dictionary

  • shell company — / ʃel ˌkʌmp(ə)ni/ noun a company which does not trade, but exists only as a name with a quotation of the Stock Exchange (NOTE: The US term is shell corporation.) ▪▪▪ ‘…shell companies, which can be used to hide investors’ cash, figure largely… …   Dictionary of banking and finance

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  • shell company — noun see shell IV, 2 …   Useful english dictionary

  • shell company — noun a non trading company used as a vehicle for various financial manoeuvres …   English new terms dictionary

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