Term used in US for any financial institution with headquarters outside the country, and which, although physically located in a country, has little connection with that country's financial systems. In certain countries a bank is not permitted to do business in the domestic market but only with other foreign banks. This is known as an offshore banking unit.
the area of the shore that extends from the foreshore into the water to where wave action no longer affects the bottom.
banking Term applied to banking transactions conducted between participants located outside the country. Such transactions increased rapidly worldwide after the mid-1960s because of the growth and liquidity of Eurocurrency ( q.v.) markets.
Utilizing an outsourcing service provider located in a country other than where the client is located.
Production and operating or technical support facilities located in a foreign country, normally in a different continent.
at some distance from the shore; "offshore oil reserves"; "an offshore island"
away from shore; away from land; "cruising three miles offshore"
This refers to banks and/or businesses that are based in countries with certain tax and/or privacy advantages because they are separate from (and do not share the same "shore" as) the United States.
Anything that is not attached to the mainland, such as a small island or rock formation sticking out of the water. Some islands, such as Hawaii, are main islands, so they would not be considered offshore. The Channel Islands off the coast of California would be considered offshore islands.
The operations of a financial institution which although physically located in a country, has little connection with that country's financial systems. In certain countries a bank is not permitted to do business in the domestic market but only with other foreign banks. This is known as an off shore banking unit.
Term used to refer to countries or regions with little or no financial regulation. Offshore financial centres are internationally oriented domiciles that offer particular advantages for funds etc. due to their liberal economic and fiscal legislation. Examples include the Bahamas, the Cayman Islands, Barbados, Bermuda, the Dutch Antilles, Panama, Hong Kong and Singapore.
Incorporated or organized in a foreign jurisdiction. Typically, the term describes a wholly owned affiliate of a publicly traded corporation. The affiliate is incorporated overseas, usually in a tax haven country, which has a moderate level of taxation and/or liberal tax incentives for undertaking specific activities such as exporting or investing.
an offshore student is one who has enrolled in a Deakin course delivered in collaboration with a partner institution located in a country other than Australia
A reference to financial operations transacted outside the country in question.
An outsourcing term describing the provision of services from a country that is geographically remote from the client enterprises — for example, services provided to a U.S. enterprise from a service provider located in India. See nearshore.
Managed, registered, located, conducted, or operated in a foreign country, especially when it is arranged for the tax-planning or asset-protection purposes.
Offshore is an international term meaning not only out of your country (jurisdiction) but out of the tax reach of your country of residence or citizenship; synonymous with foreign, transnational, global, international, transworld and multi-national, though foreign is used more in reference to the IRS.
Basically, anywhere out of the country not within the authority of the Inland Revenue.
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 cannot be the base for a claim on the Investors Compensation Scheme in the United Kingdom. Examples of commonly used offshore centres include the Isle of Man, the Channel Islands and Gibraltar.
Where the wind at a surf break is blowing off the shore ;-) Makes for ideal surfing conditions.
A term applied to countries with lower taxes and usually more flexible standards of regulation.
Usually refers to tax havens but it could apply to any country other than the country of residence or citizenship.
Basically, anywhere outside the United Kingdom, not within the authority of HM Revenue & Customs.