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shell company

The correct spelling is shell company.

How to pronounce shell company

noun

Say it like: She-ll -com-pan-ee

The correct spelling is shell company. A company that engages in no substantive business activities, but instead exists as a vehicle for legal or financial transactions, typically to shield another party from liabili…

Usage Examples

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Definition

noun

  1. 1.A company that engages in no substantive business activities, but instead exists as a vehicle for legal or financial transactions, typically to shield another party from liability or other issues.

Similar words

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