shell company

Definitions

Accounting

• noun a company that has ceased to trade but is still registered, especially one sold to enable the buyer to begin trading without having to set up a new company

Economics

• noun a company which does not trade, but exists only as a name with a quotation of the Stock Exchange. Shell companies are bought by private companies as a means of obtaining a quotation on the stock exchange without having to go through a flotation.

Nearby Definitions of “shell company”

• Sheila
• shelf
• shelf-life
• shell
• shell burning
• shell company
• shell out
• shell script
• shellac
• shellfish
• shelter

Contexts for “shell company”

2 definitions in context
• Accounting
• Economics