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shell company
noun
- a near-defunct company, esp one with a stock-exchange listing, used as a vehicle for a thriving company
- 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
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Example Sentences
He also said the princess had spent cash held in a shell company.
From The Daily Beast
The oil was necessary for the Navy, and the criticisms came from representatives of the Shell Company.
From Project Gutenberg
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