plural blank check companies
Definition of blank check company
: a corporate shell (see shell entry 1 sense 11) set up by investors for the sole purpose of raising money through an initial public offering to acquire another business yet to be determined
— called also special purpose acquisition company
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“Blank check company.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/blank%20check%20company. Accessed 25 May. 2022.
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Time Traveler for blank check company
The first known use of blank check company was in 1987
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