A non-trading company used as a vehicle for various financial manoeuvres or kept dormant for future use in some other capacity.
- The company is merging with two other rivals via a three-way acquisition by a long-dormant shell company, but it promises that the deal is the first of several in this fragmented industry.
- He explained that this is only a shell company left over from the restructuring process.
- Many corporations use shell companies to reduce the tax liabilities of deals, but it created a new shell company for almost every new issue.
For editors and proofreaders
Line breaks: shell com|pany
Definition of shell company in:
What do you find interesting about this word or phrase?
Comments that don't adhere to our Community Guidelines may be moderated or removed.