Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

English definition of “shell”

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

maiden

a girl or young woman

Word of the Day

Countability – grammar codes

by Dom Glennon​​,
November 26, 2014
Advices and informations Have you ever noticed strange codes in square brackets on entries in Cambridge Dictionaries Online and wondered what they mean? These are grammar codes, giving you a brief summary of how that word behaves grammatically. More information can be obtained by hovering your cursor over the code, and there’s

Read More 

ped-text verb

November 24, 2014
to text someone while walking I’m ped-texting, I’m looking down at my phone, 75 percent of the time.

Read More