单词 | offshore fund |
释义 | offshore fund offshore fund1. A fund that is based in an offshore financial centre to avoid UK taxation. Offshore funds operate in the same way as unit trusts but are not supervised by the UK’s regulatory authorities. offshoring The transfer of some operations or processes of a business to another country, typically in order to take advantage of lower costs there. Costs reduced in this way may include the costs of labour, costs of goods, or taxation. Offshoring may also take advantage of lower levels of regulation in another jurisdiction. |
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