shell company

Popular Terms
Non-trading firm formed (and often listed on a stock exchange) as a vehicle to (1) raise funds before starting operations, (2) attempt a takeover, (3) for going public, or (4) as a front for an illegal business. See also shelf company.

Use 'shell company' in a Sentence

You may want to set up a shell company to be the figurehead for your business if you don't want all the attention.
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I did not want to work for the shell company because I did not like it and I knew that I would have a terrible time there.
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Some people prefer to go through a shell company when they acquire something so the government doesn't find out for tax reasons.
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