shell company

shell com·pa·ny

S s

Definitions of shell company words

countable noun shell company A shell company is a company that another company takes over in order to use its name to gain an advantage. 0
noun shell company a near-defunct company, esp one with a stock-exchange listing, used as a vehicle for a thriving company 0
noun shell company a company that has ceased to trade but retains its registration and is sold for a small sum to enable its new owners to avoid the cost and trouble of registering a new company 0
noun shell company 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 0

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This term is known only to a narrow circle of people with rare knowledge. Only 7% of English native speakers know the meaning of this word.

According to our data most of word are more popular. This word is almost not used. It has a much more popular synonym.

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