blank check company

noun
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

First Known Use of blank check company

1987, in the meaning defined above

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Time Traveler for blank check company

Time Traveler

The first known use of blank check company was in 1987

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Dictionary Entries Near blank check company

blank check

blank check company

blank determination

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Statistics for blank check company

Cite this Entry

“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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