shell company
Definition
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.
shell company is in the Banking, Commerce & Finance and Corporate, Commercial, & General Law subjects.
shell company appears in the definitions of the following terms: reverse merger and shelf company
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