offshore

Petroleum found and extracted from beneath the seabed.

The practice of keeping money in a bank in a country with more favorable financial regulations.

Relating to a bank account in a country with lower taxes or more privacy.

An investment made outside the investor's home country, often for tax benefits.

A bank located in a jurisdiction different from that of its depositors.

An investment fund that is registered or located outside a client's home country.

A legal arrangement where assets are held by a trustee in a foreign jurisdiction.

A company owned by a parent company but incorporated in a different, often low-tax, country.

The search for natural resources, especially oil and gas, under the seabed.

An island located at some distance from the mainland coast.

A sea current that flows away from the shore.

A rescue boat designed for operations in open sea, away from the coast.