impresa fiancheggiatrice

English translation: a front company ('flanker-pulling' business organisation)

11:24 Jan 19, 2024
Italian to English translations [PRO]
Business/Commerce (general)
Italian term or phrase: impresa fiancheggiatrice
L'impresa fiancheggiatrice rappresenta di un esempio di eccesso di gestione o abuso di gestione.
Federico Favaro
Italy
Local time: 17:54
English translation:a front company ('flanker-pulling' business organisation)
Explanation:
Coincidentally, surprisingly cognate with the (Gangster East End of London) BrE term of pulling a flanker, stroke or 'fast one', notably tricking or bamboozling a victim. Discretion forbids me elaborating

'A front company is defined as a “fully operational company with a physical presence that serves to conceal and obscure illicit financial activity.'

Business organis/zation : includes a partnership, an EU-type economic interest grouping or BrE: sole trade AmE: sole proprietorship





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Note added at 41 days (2024-02-29 14:21:04 GMT) Post-grading
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dummy corporation had, again, been *my* idea purloined, as usual, by the next respondent.
Selected response from:

Adrian MM.
Austria
Grading comment
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4 KudoZ points were awarded for this answer



Summary of answers provided
4Bogus company; dummy corporation
Andrew Bramhall
3a front company ('flanker-pulling' business organisation)
Adrian MM.


Discussion entries: 3





  

Answers


2 days 13 hrs   confidence: Answerer confidence 4/5Answerer confidence 4/5
Bogus company; dummy corporation


Explanation:
https://en.wikipedia.org/wiki/Dummy_corporation#:~:text=A du...

https://www.gfsc.gg/consumers/scams-and-bogus-financial-inst...

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Note added at 3 days 17 mins (2024-01-22 11:42:40 GMT)
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"Rogue" strikes me as a viable adjective which could be used.

Andrew Bramhall
United Kingdom
Local time: 16:54
Native speaker of: Native in EnglishEnglish
PRO pts in category: 16
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1 day 55 mins   confidence: Answerer confidence 3/5Answerer confidence 3/5
a front company ('flanker-pulling' business organisation)


Explanation:
Coincidentally, surprisingly cognate with the (Gangster East End of London) BrE term of pulling a flanker, stroke or 'fast one', notably tricking or bamboozling a victim. Discretion forbids me elaborating

'A front company is defined as a “fully operational company with a physical presence that serves to conceal and obscure illicit financial activity.'

Business organis/zation : includes a partnership, an EU-type economic interest grouping or BrE: sole trade AmE: sole proprietorship





--------------------------------------------------
Note added at 41 days (2024-02-29 14:21:04 GMT) Post-grading
--------------------------------------------------

dummy corporation had, again, been *my* idea purloined, as usual, by the next respondent.

Example sentence(s):
  • A dummy corporation, dummy company, or false company is an entity created to serve as a front or cover for one or more companies.
  • What is a pseudo business? Pseudo-entrepreneurship is the creation of a private business entity, without the intention of carrying out entrepreneurial activities, for the purpose of .. *concealment of prohibited activities* & extraction of other property

    Reference: http://www.smartcapitalmind.com/what-is-a-flanker-brand.htm
    Reference: http://eminutes.com/what-is-a-pseudo-foreign-corporation
Adrian MM.
Austria
Native speaker of: Native in EnglishEnglish
PRO pts in category: 36
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