| 释义 |
shell company
shell company n 1. (Commerce) a near-defunct company, esp one with a stock-exchange listing, used as a vehicle for a thriving company 2. (Commerce) a company that has ceased to trade but retains its registration and is sold for a small sum to enable its new owners to avoid the cost and trouble of registering a new company shell company
Shell CorporationA company that exists as a vehicle for transactions without any independent activities or assets. Shell corporations are formed sometimes to obtain financing before they begin operations, or after a bankruptcy and business has ceased. They are also used in tax avoidance and tax evasion schemes: for example, companies may set up shell subsidiaries in tax havens and hide profits in them. See also: Reverse acquisition.shell company a company whose shares are currently listed on the STOCK MARKET but which is not actively trading. The share prices of such companies are generally very low and they may offer an attractive means for a business without a stock-market listing to acquire one by TAKEOVER.shell company a company that is not actively trading but that is still listed on the STOCK EXCHANGE. Such a company can be purchased in a REVERSE TAKEOVER by a company wishing to obtain a stock-exchange listing.ThesaurusSeeshell corporation |