offshorization
The act of moving capital to offshore accounts, or relocating business to a foreign country with a more lenient tax regime.
Noun
- The act of moving capital to offshore accounts, or relocating business to a foreign country with a more lenient tax regime.
- On the domestic front, the existence of efficiency asymmetries—specifically, the existence of more efficient offshore intermediaries that only intermediate in dollars—induces dollarization through “offshorization” and...
Origin
From offshore + -ization.