A shell company is a company which has no assets and is used as a vehicle to hold and shift money in financial manoeuvres. Sometimes, this also refers to a dormant company which may be left for future use or that simply contains the skeleton of a previous business.
A cash shell company is similar but with cash in the bank. They are corporate vehicles floating on the stock exchange which have no operating business but can be filled with assets. Cash shells are often — but not always — used as investment vehicles. This means that the directors and shareholders of the shell may be looking for a business to fund.
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