offshore funds

 Investments registered outside one’s home country for tax advantages.
 ► “In the 1960s the late Bernie Cornfield’s Investors Overseas Services sold offshore funds to U.S. citizens living in Europe.” (Financial World, April 15, 1995, p. 71)

American business jargon. 2014.

Look at other dictionaries:

  • Offshore investment — is the keeping of money in a jurisdiction other than one s country of residence. Offshore jurisdictions are a commonly accepted solution to reducing tax burdens levied in most countries to both large and small scale investors alike. Poorly… …   Wikipedia

  • Offshore financial centre — Many leading offshore financial centres are located in small tropical Caribbean countries. An offshore financial centre (OFC), though not precisely defined, is usually a small, low tax jurisdiction specializing in providing corporate and… …   Wikipedia

  • Offshore fund — An offshore fund is a collective investment scheme domiciled in an Offshore Financial Centre such as the British Virgin Islands, Luxembourg, or the Cayman Islands; it is typically sold exclusively to foreign investors (those not of the domestic… …   Wikipedia

  • Offshore Mutual Fund — A mutual fund that is based in an offshore jurisdiction, which is generally considered to be outside the United States. The term is often used, perhaps incorrectly, to describe a fund that is not in a high tax country. Always be careful when… …   Investment dictionary

  • offshore fund — 1) A fund that is based in an offshore financial centre outside the UK to avoid UK taxation. Offshore funds operate in the same way as unit trusts but are not supervised by the Department of Trade and Industry. 2) Any fund held outside the… …   Big dictionary of business and management

  • Offshore oil and gas in the United States — provides a large portion of the nation’s oil and gas supply. Large oil and gas reservoirs are found in the sea nearby Louisiana, Texas, California, and Alaska. Environmental concerns have prevented or restricted offshore drilling in some areas,… …   Wikipedia

  • offshore corporation — A corporation chartered under the laws of a country other than the U.S. that does not conduct substantial business in its country of incorporation. Some countries (particularly in the Caribbean) are popular nations of incorporation since they… …   Law dictionary

  • Offshore software R&D — is provision of software development services by an external supplier positioned in a country that is geographically remote from the client enterprise; a type of offshore outsourcing. In this context, it refers to the offshore development phase… …   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 company — The term offshore company is ambiguous. It may refer to either: A company which is incorporated outside the jurisdiction of its primary operations regardless of whether that jurisdiction is an offshore financial centre (sometimes known as a non… …   Wikipedia

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