Meaning SHELL CORPORATION: An incorporated company with no significant assets or operations, often formed to obtain financing before beginning actual business, or as a front tax evasion
More terms such as Shell corporation in Dictionary S.
- Definition Stockholder Books:
- Examples Set of books kept by firm management for its annual report that follows Financial Accounting Standards Board rules. The tax books follow IRS tax rules shell corporation definition.
- Definition Standby Commitment:
- Examples between a corporation and investment firm that the firm will purchase whatever part of a stock issue that is offered in a rights offering that is not subscribed to in the two- to four- week standby shell corporation explain.
- Definition Securities Investor Protection Corporation (SIPC):
- Examples A nonprofit corporation that insures customers' securities and cash held by member brokerage firms against the failure of those firms shell corporation what is.
- Definition Straight:
- Examples Direct telephone line, compared to an outside line that requires a telephone number to be dialed shell corporation meaning.
- Definition South African Futures Exchange (SAFEX):
- Examples Electronic futures and options exchange based in South Africa shell corporation abbreviation.
