Definitions
There is 1 meaning of the phrase
Shell Entity.
Shell Entity - as a noun
A company that is incorporated but has no assets or operations
Synonyms (Exact Relations)
shell corporationExample Sentences
"The shell entity was used as a front for money laundering."
"The purpose of a shell entity is often to hide the true ownership of assets."
"The company created a shell entity to protect its intellectual property."
"The lawyer advised his client to establish a shell entity for liability purposes."
"The court ruled that the shell entity was a mere facade for the criminal operations."
