shell company
Word Rarity
Uncommon
Frequency: Zipf frequency 4.36 in modern English
24
Scrabble Score
12
Letters
5
Syllables
11
Unique Chars
Meaning
noun
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.
Example Sentences
- "It was a shell company and, the SEC alleges, never had researchers, research plans or any scientific resources."
- "This luxury-loving and profligate shell company is registered at a betting shop on the Caledonian Road, an unlovely thoroughfare in North London on which you'd be more likely to find amphetamines than a top-notch lawyer."