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Describing an institution, especially a bank, that exists in a foreign country. Colloquially, the term refers to institutions that exist in known tax havens. Individuals and companies use offshore accounts to avoid or evade taxes in their home countries. As a result, some emerging financial centers have objected to being called "offshore," asking for parity with the developed financial world.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved


Of or relating to a financial organization whose headquarters lies outside the United States. Although offshore institutions must abide by U.S. regulations for operations carried on within the U.S., other activities generally escape domestic regulation.
Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.
References in periodicals archive ?
According to the survey by RECOF Corp., a company researching and brokering mergers and acquisitions, the headline figure includes investment by Japanese firms in overseas companies.
"The competition to attract these companies is intense - but our continued work ensures that we provide the right support and conditions to encourage overseas companies to locate here."
A group of Spanish and overseas companies, which includes British Airways (BA), has confirmed that it is investigating a possible consortium offer for Spanish national carrier Iberia.
This balancing act makes the company as a whole more competitive against overseas companies.
Nikoli has copyright agreements with many overseas companies for the distribution of handmade Sudoku.
According to the company, the site is an Internet version of a corporate-information database, designed to help Japanese companies access information on domestic and overseas companies, and enable Japanese and foreign companies to display their corporate information worldwide.
We buy oil, automobiles, electronics, and a vast array of other products from overseas companies. Our trade deficit just last year totaled more than $700 billion and is rising.
The trip's aim was to pursue business matchmaking opportunities with overseas companies.
"However, Korea's suppliers must be able to compete on a world basis, something they have been reluctant to do until recently, and only then through joint ventures with overseas companies." Currently, GM Daewoo has assembly plants in Bupyong, where the Kalos/Aveo (428,000 capacity) and Evanda (70,000 capacity), in Gunsan where the Lacetti/Nubira and Rezzo/Tacuma models are made (403,000 capacity) and Changwon where the Matiz city car and Damas and Lobo light commercial vehicles are made (259,000 capacity) bringing total capacity to 1,160,000 units a year.
Already, overseas companies are diverting more and more goods to the East Coast from overloaded West Coast ports.
and Japan, and that it would have a severe negative impact on the Chinese economy, harm the interests of domestic and overseas companies in China, and affect the development of neighboring countries and the whole world.

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