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Definition of Shell corporation
1. Noun. A company that is incorporated but has no assets or operations.
Lexicographical Neighbors of Shell Corporation
Literary usage of Shell corporation
Below you will find example usage of this term as found in modern and/or classical literature:
1. Financial Investigations: A Financial Approach to Detecting and Resolving Crimesby Don Vogel by Don Vogel (1999)
"shell corporation. A shell corporation is one that has no assets or liabilities.
It simply has a charter to do business. The attraction of a shell ..."
2. Securities Firms: Assessing the Need to Regulate Additional Financial Activities (1992)
"Sometimes a shell corporation is established in anticipation of future business
needs or to comply with more favorable state or host country requirements. ..."
3. Tax Policy & Administration: Improvements for More Effective Tax-Exempt Bond (1993)
"Thus, the shell corporation earns enough to pay the interest on the bonds.
The remaining bond proceeds not used to purchase the discounted mortgage note ..."
4. Behind the Corporate Veil: Using Corporate Entities for Illicit Purposesby Oecd, OECD Staff, (Paris) Organisation for Economic Co-ope by Oecd, OECD Staff, (Paris) Organisation for Economic Co-ope (2001)
"These reports identified large cash deposits made to banks which were then
exchanged for bank drafts made payable to a shell corporation based and operated ..."
5. Behind the Corporate Veil: Using Corporate Entities for Illicit Purposes by (Paris) Organisation for Economic Co-ope, OECD Staff, Oecd (2001)
"These reports identified large cash deposits made to banks which were then
exchanged for bank drafts made payable to a shell corporation based and operated ..."
6. Behind the Corporate Veil: Using Corporate Entities for Illicit Purposes by (Paris) Organisation for Economic Co-ope, OECD Staff, Oecd (2001)
"These reports identified large cash deposits made to banks which were then
exchanged for bank drafts made payable to a shell corporation based and operated ..."
Other Resources:
