offshore

offshore
a term used to describe vehicles or institutions based in, or regulated by, the laws of a jurisdiction that either has no tax or low tax for non-locals and that specialises in providing services of a financial or legal nature to persons and businesses 'onshore', that is to say, in high-tax jurisdictions. While many such jurisdictions are based on islands, which has brought about the terminology in a literal sense, the littoral location of the investment is irrelevant.

Collins dictionary of law. . 2001.

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  • offshore — [ ɔfʃɔr ] adj. inv. et n. m. • off shore 1952; angl. « loin du rivage », de off « loin de, hors de » et shore « rivage » ♦ Anglic. 1 ♦ Programme, commandes offshore : commandes d équipement de l armée américaine passées aux industries du pays où… …   Encyclopédie Universelle

  • Offshore — may refer to: Contents 1 Finance and Law 2 Technology 3 Arts 4 …   Wikipedia

  • Offshore — Off shore , a. 1. From the shore; as, an offshore wind; an offshore signal. [1913 Webster] 2. Located in the waters near the shore; as, offshore drilling. [PJC] 3. Operating or located in a foreign country; as, an offshore bank account; offshore… …   The Collaborative International Dictionary of English

  • offshore — [ôf′shôr′] adj. 1. moving off or away from the shore [an offshore wind] 2. situated or in operation at some distance from shore ☆ 3. engaged in outside the U.S. as by U.S. banks or manufacturers [offshore investments, offshore assembly plants]… …   English World dictionary

  • Offshore — u offshoring es un término del idioma inglés que literalmente significa en el mar, alejado de la costa , pero es comúnmente utilizado en diversos ámbitos para indicar la deslocalización de un recurso o proceso productivo. Contenido 1 Ámbito… …   Wikipedia Español

  • Offshore '97 — / Red Skies Single by Chicane Released 1997 Format CD single …   Wikipedia

  • offshore — adj. 2 g. 2 núm. s. m. 2 núm. 1. Diz se da parte da indústria do petróleo que compreende a prospecção, a perfuração e a exploração dos jazigos situados ao largo da costa. 2. Diz se de um estabelecimento bancário estabelecido no estrangeiro e não… …   Dicionário da Língua Portuguesa

  • offshore — ► ADJECTIVE & ADVERB 1) situated at sea some distance from the shore. 2) (of the wind) blowing towards the sea from the land. 3) relating to the business of extracting oil or gas from the seabed. 4) made, situated, or registered abroad. 5)… …   English terms dictionary

  • offshore — A term used to indicate a legal regime outside of the United Kingdom. When an investment centre is offshore it is not subject to UK tax or regulation, including investment protection rules. For example, investments located in offshore centres… …   Financial and business terms

  • offshore — 01. The government has given permission to an oil company to do [offshore] drilling on the west coast of the state. 02. With no direct taxation, the Cayman Islands are a thriving [offshore] financial center. 03. A recent study suggests that an… …   Grammatical examples in English

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