օֆշորային

օֆշորային

Where the usual rules of a person or firm’s home country do not apply. It can be literally offshore, as in the case of investors moving their money to a Caribbean island tax haven. Or it can be merely legally offshore, as in the case of certain financial transactions that take place within, say, the City of London, which are deemed for regulatory purposes to have taken place offshore.

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Part of Speech: noun
Synonym(s):
Blossary:
Industry/Domain: Economy
Category: Economics
Company: The Economist
Product:
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Collect to Blossary

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