offshore fund

noun

: an investment fund based outside the U.S., not subject to registration with the Security and Exchange Commission, and barred by law from selling its shares within the U.S.

Word History

First Known Use

1970, in the meaning defined above

Time Traveler

The first known use of offshore fund was in 1970

See more words from the same year

Cite this Entry

Style

“Offshore fund.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/offshore%20fund. Accessed 26 Nov. 2024.

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