cash shell

cash shell
 n.— «After an outcry from advisers, it backed down on proposals that new cash shell companies must acquire a real business within a year of flotation.» —“Cash shells heading off to Ofex as deadline looms” by Stephen Foley Independent (London, England) Nov. 28, 2005. (source: Double-Tongued Dictionary)

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Further reading

Blessing Box (episode #1613)

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