offshore

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Offshore

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

offshore

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.
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Nikoli has copyright agreements with many overseas companies for the distribution of handmade Sudoku.
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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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