Cash shell and Cash sweep: Difference between pages

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''Companies - special purpose vehicles - acquisitions.''
The movement of cash from outlying bank accounts into a central account.


A cash shell is a company whose assets are substantially, or entirely, cash or cash equivalents.


Some cash shells may have a strategy to seek an acquisition opportunity or to develop a business as a start-up.
Also known as ''sweep''.


Accordingly, there is some overlap between cash shell companies and Special Purpose Acquisition Companies (SPACs).


''(Source - Financial Conduct Authority - Primary Market Technical Note 420 - updated August 2021)''
==See also==
*[[Cash concentration]]
*[[Sweep account]]


 
[[Category:Cash_management]]
== See also ==
* [[Acquisition]]
* [[Cash and cash equivalents]]
* [[Company]]
* [[Conduit]]
* [[Entity]]
* [[Financial Conduct Authority]] (FCA)
* [[Operating company]]
* [[Reverse takeover]]
* [[Shell company]]
* [[SPAC]]
* [[Special Purpose Entity]]
* [[Special purpose vehicle]]
* [[Sponsor]]
 
[[Category:Accounting,_tax_and_regulation]]
[[Category:Corporate_finance]]
[[Category:Investment]]
[[Category:Long_term_funding]]
[[Category:Compliance_and_audit]]
[[Category:Ethics]]
[[Category:Identify_and_assess_risks]]
[[Category:Manage_risks]]
[[Category:Risk_frameworks]]
[[Category:Risk_reporting]]
[[Category:Financial_products_and_markets]]

Latest revision as of 11:49, 15 February 2018

The movement of cash from outlying bank accounts into a central account.


Also known as sweep.


See also