offshore

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Related to Offshore banking: International banking

off·shore

 (ôf′shôr′, ŏf′-)
adj.
1. Moving or directed away from the shore: an offshore wind.
2.
a. Located at a distance from the shore: an offshore mooring; offshore oil-drilling platforms.
b. Located or based in a foreign country and not subject to tax laws: offshore bank accounts; offshore investments.
adv.
1. Away from the shore: The storm moved offshore.
2. At a distance from the shore: a boat moored offshore.
n.
The comparatively flat region of submerged land extending seaward from beyond the region where breakers form to the edge of the continental shelf.
tr.v. off·shored, off·shor·ing, off·shores
To outsource (production or services) to another country.

offshore

(ˌɒfˈʃɔː)
adj, adv
1. from, away from, or at some distance from the shore
2. NZ overseas; abroad
adj
3. sited or conducted at sea as opposed to on land: offshore industries.
4. (Economics) based or operating abroad in places where the tax system is more advantageous than that of the home country: offshore banking; offshore fund.

off•shore

(ˈɔfˈʃɔr, -ˈʃoʊr, ˈɒf-)

adv.
1. off or away from the shore.
2. at a distance from the shore, on or in a body of water.
3. in a foreign country.
adj.
4. moving or tending away from the shore toward or into a body of water: an offshore wind.
5. located or operating on or in a body of water, at some distance from the shore.
6. registered, located, conducted, or operated in a foreign country.
[1710–20]
ThesaurusAntonymsRelated WordsSynonymsLegend:
Adj.1.offshore - (of winds) coming from the land; "offshore winds"
inshore, onshore, shoreward, seaward - (of winds) coming from the sea toward the land; "an inshore breeze"; "an onshore gale"; "sheltered from seaward winds"
2.offshore - at some distance from the shore; "offshore oil reserves"; "an offshore island"
marine - relating to or characteristic of or occurring on or in the sea
Adv.1.offshore - away from shore; away from land; "cruising three miles offshore"
onshore - on or toward the land; "they were living onshore"
Translations
آتِيَه من الشّاطِئبَعيدا عن الشّاطِئ
fralands-
côtierextraterritorialoffshore
parti1
aflands-, grunnsævis-aflandsvindur
offshore
v pobrežných vodách
kıyıdan denize doğrukıyıdan uzak

offshore

[ˌɒfˈʃɔːʳ]
A. ADJ
1. (= near the shore) [island] → cercano a la costa, del litoral; [waters] → de la costa, del litoral
offshore fishingpesca f de bajura
2. (= out at sea) [rig, platform, drilling] → off-shore adj inv, costa afuera; [well] → submarino
offshore oilpetróleo m de costa afuera
offshore oilfieldcampo m petrolífero submarino
3. (= from land) [breeze] → que sopla de la tierra, terral
4. (Fin) [account, fund] → en un paraíso fiscal/en paraísos fiscales, offshore inv (Tech)
he has an offshore accounttiene una cuenta en un paraíso fiscal, tiene una cuenta offshore (Tech)
people with offshore accountsla gente con cuentas en paraísos fiscales, la gente con cuentas offshore (Tech)
offshore bankingoperaciones fpl bancarias en paraísos fiscales
offshore investmentsinversiones fpl en paraísos fiscales
B. ADV
1. (= near the coast) [lie, anchor, fish] → cerca de la costa
they were just offshoreestaban en las inmediaciones de la costa
2. (= out at sea) [drill] → off-shore, costa afuera
3. (= away from the shore) the current carried him offshorela corriente lo alejaba de la costa or hacia el interior del mar
they were rescued 20 miles offshorelos rescataron a 20 millas de la costa
4. (Fin) [invest] → en un paraíso fiscal/en paraísos fiscales
people who invest offshorela gente que invierte en paraísos fiscales

offshore

[ˌɒfˈʃɔːr]
adj
[breeze] → de terre
[island] → proche du littoral
[fishing] → côtier/ière
[oil industry] → offshore inv
Britain's offshore oil industry → l'industrie pétrolière offshore de la Grande-Bretagne
offshore oilfield → gisement m pétrolier en mer, gisement m pétrolier offshore
adv [anchor] → au large
to be 5000 yards offshore → être à 5 kilomètres de la côte

offshore

:
offshore banking
n (Fin) → Offshorebankgeschäfte pl
offshore company
n (Fin) → Offshorefirma f
offshore fishery
offshore well
nOffshorebohrloch nt
offshore worker
nOffshorearbeiter(in) m(f)

offshore

[ˈɒfˈʃɔːʳ] adj (breeze) → di terra; (island) → vicino/a alla costa; (fishing) → costiero/a; (oil rig) → off-shore inv

off

(of) adverb
1. away (from a place, time etc). He walked off; She cut her hair off; The holidays are only a week off; She took off her coat.
2. not working; not giving power etc. The water's off; Switch off the light.
3. not at work. He's taking tomorrow off; He's off today.
4. completely. Finish off your work.
5. not as good as usual, or as it should be. His work has gone off recently
6. (of food) rotten. This milk has gone off – we can't drink it; (also adjective) That meat is certainly off.
7. out of a vehicle, train etc. The bus stopped and we got off.
8. cancelled. The marriage is off.
preposition
1. away from; down from. It fell off the table; a mile off the coast; He cut about five centimetres off my hair.
2. not wanting or allowed to have (food etc). The child is off his food.
3. out of (a vehicle, train etc). We got off the bus.
ˌoff-ˈchance noun
a slight chance. We waited, on the off-chance (that) he might come.
ˌoff-ˈcolour , (American) ˌoff-ˈcolor adjective
not very well. She's a bit off-colour this morning.
ˌoffˈhand adjective
acting or speaking so casually that one is being rude. offhand behaviour.
adverb
without thinking about something first. I can't tell you the answer offhand.
ˌoffˈhandedly adverb
ˌoffˈhandedness noun
ˌoffˈshore adjective
1. in or on the sea, not far from the coast. offshore oil-wells.
2. (of winds) blowing away from the coast, out to sea.
ˌoffˈside adverb
(in football, hockey etc) in a position (not allowed by the rules) between the ball and the opponents' goal. The referee disallowed the goal because one of the players was offside.
adjective
(of a vehicle etc) on the side nearest to the centre of the road. the front offside wheel.
ˌoff-ˈwhite adjective
not quite white, eg slightly yellow etc. an off-white dress.
badly, well off
poor, rich. The family was quite well off.
be off with you!
go away!.
in the offing
about to happen. He has a new job in the offing.
off and on / on and off
sometimes; occasionally. I see him off and on at the club.
the off season the period, at a hotel, holiday resort etc, when there are few visitors: It's very quiet here in the off season; adjective (etc)
off-season rates.
References in periodicals archive ?
Vincent and the Grenadines' (SVG) economy is dependent on the tourism and offshore banking industries.
DFCC Bank has secured the loan for general expansion of its Offshore Banking Unit (FCBU).
announced today that in line with the thrust to simplify regulations, the Monetary Board has approved the lifting of the prior BSP approval and registration requirements for loans to be obtained by non-banks with quasi-banking functions (NBQBs) from offshore sources, offshore banking units (OBUs) and foreign currency deposit units (FCDUs) of banks.
The Taiwanese company has also decided to acquire RBS' offshore banking unit in Malaysia, Labuan Offshore Banking, for USD132.
Offshore banking is not in itself illegal, and not all those named should be presumed to have done wrong.
Asset Protection Planners said it has statistical details reporting on offshore banking that indicate only five banks headquartered in the US rank in the world's 50 safest banks.
WASHINGTON -- A massive database of private offshore banking entities that could be used for tax evasion was posted online for public use Friday by the muckraking group that first reported the files.
Swiss bank UBS AG (NYSE:UBS) has come under investigation from French authorities on suspicions that it helped its French subsidiary, UBS France, illegally sell secret offshore banking accounts to French citizens, the New York Times (http://dealbook.
Offshore banking means keeping your cash reserves in low or no-tax jurisdictions that are outside your country of residence.
dollar syndicated loans through offshore banking units (OBUs) of Taiwanese banks, Bank of China and Bank of Communications, both Chinese state-run banks, plan to have their branches in Taiwan follow Taiwanese banks' footsteps.
Though the extent to which Turkish companies were participating in offshore banking remained fuzzy before Monday's report, which was one of the most comprehensive yet on assets stored in tax havens, Ankara in recent years has launched campaigns to crack down on off-shoring in recent years.
Rather than crying crocodile tears over such schemes, what he and the Government should be doing is making it illegal for British subjects and corporations to use offshore banking arrangements.