FRONT COMPANY
\fɹˈʌnt kˈʌmpəni], \fɹˈʌnt kˈʌmpəni], \f_ɹ_ˈʌ_n_t k_ˈʌ_m_p_ə_n_i]\
Sort: Oldest first
-
This is a term used for an entity, be it an individual or group or organization used to inhibit the identification of an owner or member of another company or organization. In legal proceedings, it is often identified as a cover used to conceal illegal activities. It can be a subsidiary or shell company of a larger company. It is almost always used to hide another company or individual from liability, scrutiny, or negative press.
By Henry Campbell Black
Word of the day
Snake's-head
- Guinea-hen flower; -- so called in England because its spotted petals resemble the scales of a snake's head.