Urban Dictionary, October 29: umbrella corporation

"Our business is life itself." A fictional company in the Capcom "Resident Evil" saga. In the game, the company uses it's status as an enitity to protect (thus the term "umbrella") it's biological experiments of dubious moral and ethical bearing. Can be used as a term to describe any company which engages in similar practices of hiding behind a name or "corporate veil".

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