Definition of Shell corporation

1. Noun. A company that is incorporated but has no assets or operations.

Exact synonyms: Shell Entity
Generic synonyms: Corp, Corporation



Lexicographical Neighbors of Shell Corporation

shell-flower
shell-lac
shell-lacs
shell-less
shell-like
shell-likes
shell-pad
shell-paddock
shell-shock
shell-shocked
shell-suit
shell-suits
shell bean
shell bean plant
shell collecting
shell corporation (current term)
shell entity
shell game
shell ginger
shell jacket
shell moulding
shell nail
shell out
shell parakeet
shell plating
shell script
shell scripts
shell shock
shell shocked
shell stitch

Literary usage of Shell corporation

Below you will find example usage of this term as found in modern and/or classical literature:

1. Financial Investigations: A Financial Approach to Detecting and Resolving Crimesby Don Vogel by Don Vogel (1999)
"shell corporation. A shell corporation is one that has no assets or liabilities. It simply has a charter to do business. The attraction of a shell ..."

2. Securities Firms: Assessing the Need to Regulate Additional Financial Activities (1992)
"Sometimes a shell corporation is established in anticipation of future business needs or to comply with more favorable state or host country requirements. ..."

3. Tax Policy & Administration: Improvements for More Effective Tax-Exempt Bond (1993)
"Thus, the shell corporation earns enough to pay the interest on the bonds. The remaining bond proceeds not used to purchase the discounted mortgage note ..."

4. Behind the Corporate Veil: Using Corporate Entities for Illicit Purposesby Oecd, OECD Staff, (Paris) Organisation for Economic Co-ope by Oecd, OECD Staff, (Paris) Organisation for Economic Co-ope (2001)
"These reports identified large cash deposits made to banks which were then exchanged for bank drafts made payable to a shell corporation based and operated ..."

5. Behind the Corporate Veil: Using Corporate Entities for Illicit Purposes by (Paris) Organisation for Economic Co-ope, OECD Staff, Oecd (2001)
"These reports identified large cash deposits made to banks which were then exchanged for bank drafts made payable to a shell corporation based and operated ..."

6. Behind the Corporate Veil: Using Corporate Entities for Illicit Purposes by (Paris) Organisation for Economic Co-ope, OECD Staff, Oecd (2001)
"These reports identified large cash deposits made to banks which were then exchanged for bank drafts made payable to a shell corporation based and operated ..."

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