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Financial Terms | |
Offshore finance subsidiary |
Information about financial, finance, business, accounting, payroll, inventory, investment, money, inventory control, stock trading, financial advisor, tax advisor, credit.
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Definition of Offshore finance subsidiaryOffshore finance subsidiaryA wholly owned affiliate incorporated overseas, usually in a tax haven country,
Related Terms:Corporate financeOne of the three areas of the discipline of finance. It deals with the operation of the firm External financefinance that is not generated by the firm: new borrowing or a stock issue. FinanceA discipline concerned with determining value and making decisions. The finance function allocates Finance CompanyCompany engaged in making loans to individuals or businesses. Unlike a bank, it does not receive deposits from the public. Internal financefinance generated within a firm by retained earnings and depreciation. International finance subsidiaryA subsidiary incorporated in the U.S., usually in Delaware, whose sole Limitation on subsidiary borrowingA bond covenant that restricts in some way a firm's ability to borrow at ![]() SubsidiaryA foreign-based affiliate that is a separately incorporated entity under the host country's law. Subsidiary accountAn account that is kept within a subsidiary ledger, which in turn Subsidiary companyA company that is controlled by another company through ownership Subsidiary ledgerAn accounting record giving the detailed transactions in an account; the subtotals of the debits and credits are posted to the control account maintained in the general ledger. It helps to keep the general ledger free of clutter. Related to : financial, finance, business, accounting, payroll, inventory, investment, money, inventory control, stock trading, financial advisor, tax advisor, credit. |