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 ?
The ministry also established 'Call Sarzameen Portal for Overseas Pakistanis (OPs)' to redress the grievances of overseas Pakistanis.
Pakistanis Commission Syed Javed Iqbal Bokhari, Director General Overseas Pakistanis Commission Muhammad Ahsan Waheed thanked the delegation for their visit and assurance of cooperation in future.
In the 2013 elections, the overseas voter turnout was pegged at 16.11 percent or a total of 118,823.
The CJP thankfully accepted the invitation mentioning that he had been earlier invited by many overseas Pakistanis residing in different countries for donations for construction of dams, but it was not possible for him to visit all the countries.
Reacting to certain rumors being circulated that overseas Pakistanis can vote in General Elections 2018, the NADRA official said: 'Online voting for overseas Pakistanis can experiment in by-polls.
Half of all profits from overseas branches to be remitted back; boards to play more active role in oversight
The students of the '3+4 Overseas Compatriot Students' Technical and Vocational Training Courses' come to Taiwan to study in vocational high schools for 3 years.
Guia, who is in charge of overseas voting, attributed the big number to the hard-work of the men and women in Foreign Service and the poll body who have been encouraging overseas Filipinos to exercise their right to vote.
In the second and third sections (the fields, regions and countries), the research group first carries out a detailed analysis of the important roles played by overseas Chinese in China's soft power buildup in terms of the following considerations: overseas Chinese and public diplomacy of China; Chinese media and the construction of China's national image; the culture of overseas Chinese and cultural soft power of China; and domestic educational institutions for overseas Chinese and China's cultural soft power.
To register as an overseas voter, UK residents overseas must have previously been registered in a UK constituency within the last 15 years.
The broad objectives of the conference include showcasing the schemes and initiatives taken by the Overseas Indian Affairs Ministry and respective State Governments for skill upgradation and pre-departure orientation programmes, and creating awareness about the procedures adopted for promotion of regular migration and preventing irregular migration from India.
FDA's overseas offices have engaged in a variety of activities to help ensure the safety of imported products, but officials report challenges that could limit their effectiveness, due to an increasing workload and other factors.