shell noun Meaning in Cambridge Business English Dictionary
Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

Meaning of "shell" - Business English Dictionary

See all translations

shell

noun [C]
 
 
/ʃel/ ( also shell company, also shell corporation) FINANCE, LAW
a company that has been created to hide illegal activities: The shell advertised bonds for sale to investors, but this offering was essentially a fraud because no bonds ever existed. She played a vital role in the bribery scheme by creating a shell company to receive a flow of illicit payments.
a company that has been officially created so that it can be sold to someone who does not want to have to create the company themselves: Most holding company reorganizations involve a merger between the pre-existing company and a shell company.
a company that was active in the past, but that now does little or no business, that someone buys so they do not have to create a new company: Maypole was created out of a shell company called Octagon.
(Definition of shell noun from the Cambridge Business English Dictionary © Cambridge University Press)
What is the pronunciation of shell?
Add Cambridge dictionaries to your browser to your website

Definitions of “shell” in other dictionaries

Word of the Day
stretch the truth

to say something that is not completely honest in order to make someone or something seem better than it really is

Word of the Day

July 4th, Bastille Day, and the language of revolution.
July 4th, Bastille Day, and the language of revolution.
by Liz Walter,
July 01, 2015
With the USA’s Independence Day on the 4th and France’s Bastille Day on the 14th, July certainly has a revolutionary theme, so this blog looks at words and phrases we use to talk about the dramatic and nation-changing events that these days celebrate. In particular, it focuses on one of the most

Read More 

generation pause noun
generation pause noun
July 06, 2015
informal young adults who are not able to do things previously typical for their age group such as buy a home or start a family because of lack of money Meanwhile, a new study released last week revealed a quarter of Brits believe they’ll never own a property, leading them to be

Read More