Meaning Of The Word Shell company

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Shell company Meaning

Shell company Definition
Shell company Definition

What's The Definition Of Shell company?

shell company
countable noun: A shell company is a company that another company takes over in order to use its name to gain an advantage.

shell company in American English
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

shell company in British English
noun: a near-defunct company, esp one with a stock-exchange listing, used as a vehicle for a thriving company

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