offshore
adjective, adverb
  1. on an island or in the sea near to land

    Examples
    • an offshore oil field

    • an offshore oil platform

  2. on an island which is a tax haven

  3. based outside a country, especially in a tax haven

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offshore finance subsidiary
launder
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British Pound Sterling
Floating Exchange Rate System
Moody's Investment Grade (MIG)
FCR
secondary industry