Business Terms and Jargon Explained

What is Offshore

This term is used to describe legal vehicles or institutions that operate in countries with no or low tax. This allows non-residents to take advantage of the tax laws through appropriate vehicles or institutions. e.g trusts and companies.

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Oversold Excise Duties Dead Wood
Defragmentation N225 Civil Court form IDE
Verdict Applet Warrant
Pro forma Convertible securities Clock sucker
Excise Duty In limine Ward of Court
Encryption Berne Convention WYSIWYG
Double Deflation adeem Ratification
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NPO Legacy Endogenous Convergence
Financial Constraints Windfall Profit Solvency
Public Good Unearned income Financial Intermediary
Letter of request Trade Debtors Entrepreneur
Discount received MoJ Beneficiary

Term created / updated 2006-02-14 18:15:25

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