blank check company


plural blank check companies
: 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

Word History

First Known Use

1987, in the meaning defined above

Time Traveler
The first known use of blank check company was in 1987

Dictionary Entries Near blank check company

Cite this Entry

“Blank check company.” Dictionary, Merriam-Webster, Accessed 23 Sep. 2023.

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