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Shell Corporation

A limited liability company and any business entity that has no significant assets or ongoing business activities/operations. Typically, shells have…

Pink Sheet Shell Corporation

A public shell corporation whose shares trade on the Pink Sheets, i.e., it is listed by the National Quotation Bureau…

Non-Marginable Security

A security (e.g., a stock) that doesn't meet the requirements of an exchange for being traded (purchased) on margin (margin...

Marginable Security

A security (e.g., a stock) that meets the requirements of an exchange for being traded (purchased) on margin (margin trading)....