| 单词 | shell company |
| 释义 | shell companyDefinition 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. Use 'shell company' in a SentenceYou may want to set up a shell company to be the figurehead for your business if you don't want all the attention. I did not want to work for the shell company because I did not like it and I knew that I would have a terrible time there. Some people prefer to go through a shell company when they acquire something so the government doesn't find out for tax reasons. |
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