Shell corporation


 

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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.



Shell corporation

Similar Matches

Securities Industry Automation Corporation

Securities Industry Automation Corporation

In the US, SIAC operates the New York and American Stock Exchanges automation and communications systems to support trading, market data reporting, and surveillance activities. SIAC also supports the NSCC's nation-wide clearance and settlement systems and it is the systems processor for industry-wide National Market System components, such as CTS,CQS, and ITS. SIAC is jointly owned by the NYSE and AMEX.


Resolution Trust Corporation (RTC)

Resolution Trust Corporation (RTC)

A government agency established in 1989 and disbanded in 1996 that administered federal savings and loan institutions that were insolvent between 1989 and August 1992 by either bailing them out or merging them.


Closed corporation

Closed corporation

A corporation whose shares are owned by just a few people, having no public market.


Quasi public corporation

Quasi public corporation

A corporation that is operated privately, but is supported by the government in its operations and that often traded publicly.


Alien corporation

Alien corporation

A company incorporated under the laws of a foreign country regardless of where the company conducts its operations.


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