- offshore account
- /ˌɒfʃɔ: ə'kaυnt/ nounan account in a tax haven
Dictionary of banking and finance. 2015.
offshore account
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 credit card — Offshore credit cards are credit cards issued by an offshore bank in a jurisdiction that is different to that of the cardholder. Real unsecured offshore credit cards with credit lines are very difficult for the average person to obtain because… … 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 bank — Banking A series on Financial services … 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 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
Offshore wind power — View of Lillgrund Wind Farm, Sweden Offshore wind power refers to the construction of wind farms in bodies of water to generate electricity from wind. Better wind speeds are available offshore compared to on land, so offshore wind power’s… … Wikipedia
account — {{Roman}}I.{{/Roman}} noun 1 description ADJECTIVE ▪ brief, short ▪ blow by blow (informal), comprehensive, detailed, full, graphic ▪ … Collocations dictionary
offshore — adj. Offshore is used with these nouns: ↑account, ↑bank, ↑banking, ↑current, ↑exploration, ↑fund, ↑investment, ↑island, ↑lifeboat, ↑oil, ↑subsidiary, ↑ … Collocations dictionary
Savings account — Savings accounts are accounts maintained by retail financial institutions that pay interest but can not be used directly as money (by, for example, writing a cheque). These accounts let customers set aside a portion of their liquid assets while… … Wikipedia
