paper company

Paper Company

A company with no operations that exists exclusively for a financial reason. For example, a paper company may issue a bond to fund its parent company so the parent company does not have the liability directly. A paper company has few or no assets other than those of a financial nature. See also: Back door listing.

paper company

A corporation formed in order to accomplish a specific financial task rather than to produce a good or service. Such a firm usually has few assets other than those of a financial nature.

单词	paper company
释义	paper company Paper Company A company with no operations that exists exclusively for a financial reason. For example, a paper company may issue a bond to fund its parent company so the parent company does not have the liability directly. A paper company has few or no assets other than those of a financial nature. See also: Back door listing. paper company A corporation formed in order to accomplish a specific financial task rather than to produce a good or service. Such a firm usually has few assets other than those of a financial nature.
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