SINCE 1828

An Encyclopædia Britannica Company

collapsible corporation

noun

Definition of collapsible corporation

: a corporation that plans to liquidate or whose shares are to be sold to others before sale of goods produced so as to turn what should be taxable income into a capital gain for shareholders

There's more!

Love words? You must — there are over 200,000 words in our free online dictionary, but you are looking for one that’s only in the Merriam-Webster Unabridged Dictionary.

Start your free trial today and get unlimited access to America's largest dictionary, with:

More than 250,000 words that aren't in our free dictionary
Expanded definitions, etymologies, and usage notes
Advanced search features
Ad free!

Seen and Heard

What made you want to look up collapsible corporation? Please tell us where you read or heard it (including the quote, if possible).

show

WORD OF THE DAY

cathexis

play

investment of mental or emotional energy

Words at Play

Words from Letters in the Greek Alphabet

When English borrows from another alphabet

alt-5ada140ed3e28

'Preventive' or 'Preventative'?

alt-5ad8fc71357ed

Words We're Watching: 'Bluebeard,' the Verb

No, it's not a coiffure trend

alt-5ad8d3361fb97

Where 'Cliff-hangers' Come From

You're on the edge of your seat

Ask the Editors

2017 Word of the Year: Behind the Scenes

How we chose 'feminism'

video-title-words-of-the-year-1066

Words of the Year: 1066

Or, Why Pig Meat is Called 'Pork' and Cow Meat is Called 'Beef'

video-literally

Literally

How to use a word that (literally) drives some people nuts.

video-his-or-her

Is Singular 'They' a Better Choice?

The awkward case of 'his or her'

Word Games

Odd Habits and Quirks Quiz

Test your knowledge of strange human behaviors.

Take the quiz

cats-on-impossible-timber

More Confusing Words—Quiz

How many of these commonly confused words do you know?

Take the quiz

True or False?

Test your knowledge - and maybe learn something along the way.

Take the quiz

SCRABBLE® Sprint

SCRABBLE® Sprint

SCRABBLE® fans, sharpen your skills!

Play the game