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Offshore
What does it mean?
Located or based outside of one's national boundaries.
In Other Words...
The term offshore is used to describe foreign banks, corporations, investments, and deposits. A company may move offshore for the purpose of tax avoidance or relaxed regulations.
Related Links
Investing Beyond Your Borders - Investing abroad poses risks, but can also help you diversify. Discover ways to invest in foreign stocks.
Related Terms
International Banking Facility | Offshore Mutual Fund
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