Meaning of clean shell | Babel Free
Definitions
A legal entity that demonstrably has no liabilities.
Examples
“The business was sold to a publicly traded clean shell to achieve rapid liquidity for the owners.”
CEFR level
B2
Upper Intermediate
This word is part of the CEFR B2 vocabulary — upper intermediate level.
This word is part of the CEFR B2 vocabulary — upper intermediate level.