paper company(redirected from Paper Companies)
A company with no operations that exists exclusively for a financial reason. For example, a paper company may issue a bond to fund its parent company so the parent company does not have the liability directly. A paper company has few or no assets other than those of a financial nature. See also: Back door listing.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
A corporation formed in order to accomplish a specific financial task rather than to produce a good or service. Such a firm usually has few assets other than those of a financial nature.
Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.