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shell company

British  

noun

  1. a near-defunct company, esp one with a stock-exchange listing, used as a vehicle for a thriving company

  2. a company that has ceased to trade but retains its registration and is sold for a small sum to enable its new owners to avoid the cost and trouble of registering a new company

"Collins English Dictionary — Complete & Unabridged" 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012

Example Sentences

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Slusky heads Vector Capital, the firm behind the shell company that took Rocket Lab public in 2021.

From Barron's Jun. 3, 2026

The Tim Hortons trade also was routed to the Russian trader, who bought the shares in the name of a shell company registered in the British Virgin Islands, according to court papers.

From The Wall Street Journal May 12, 2026

On Aug. 1, federal prosecutors filing a legal brief alleging that taxpayer funds from the county went into a slush fund held by a shell company to help pay for its illegal activities.

From Los Angeles Times Aug. 20, 2025

A couple hours down the coast, Ellen DeGeneres and mining tycoon Robert Friedland — more specifically, a shell company linked to Friedland — engaged in a high-end home swap in Santa Barbara.

From Salon Dec. 28, 2024

The complex accounting trick started in March 2017 when a shell company, with no money or assets, called Severn Trent Trimpley was set up as part of the group.

From BBC Dec. 9, 2024

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