A company listed on the Stock Exchange that does have any business operations. It usually just owns some cash, so such companies are also referred to as cash shells.
A quoted company with no assets, almost worthless, often used as a means for reverse takeovers.
a newly incorporated company with no business records or trading history
A company that is listed on the stock market but that doesn't have any business as such - also referred to as a cash shell because it may basically just be a company holding cash.
a company that is incorporated but has no significant assets or operations.
A limited company that has never been started, or has ceased its trading but has not been dissolved. Annual Returns are filed, but accounts state that the company did not trade during the year.
A listed shell is a company that has no assets or operations but is listed: a likely target for a reverse takeover.... more on Shell company