dormant company - definition in the Business English Dictionary - Cambridge Dictionaries Online

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English definition of “dormant company”

dormant company

noun [C]
 
 
FINANCE, WORKPLACE a company that does not trade, but may have other purposes such as protecting a brand name: Funds were transferred to a dormant company, from which clients had access to their money in a form that was exempt from tax.
(Definition of dormant company from the Cambridge Business English Dictionary © Cambridge University Press)
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