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shell company

noun

  1. a near-defunct company, esp one with a stock-exchange listing, used as a vehicle for a thriving company
  2. 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
“Collins English Dictionary — Complete & Unabridged†2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012


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Example Sentences

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A couple hours down the coast, Ellen DeGeneres and mining tycoon Robert Friedland — more specifically, a shell company linked to Friedland — engaged in a high-end home swap in Santa Barbara.

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The complex accounting trick started in March 2017 when a shell company, with no money or assets, called Severn Trent Trimpley was set up as part of the group.

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However our investigation has found that Bazhou Red Fruit shares a phone number with Xinjiang Guannong, and other evidence, including shipping data analysis, suggests that Bazhou is its shell company.

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The Screen Actors Guild-American Federation of Television and Radio Artists has accused Formosa — which counts “League of Legends†among its most popular projects — of attempting to “subvert the video game strike†by recruiting nonunion talent for one of its struck titles and operating under the guise of a shell company.

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But a New York Times report said that BAC was a shell company that acted as a front for Israel, citing Israeli intelligence officers.

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