Offshore Fund

Business / Taxes / Offshore Fund: An offshore fund is a mutual fund that’s sponsored by a financial institution that’s based outside the United States. Unless the fund meets all of the regulatory requirements imposed on domestically sponsored funds, it can’t be sold in the United States. However, an offshore fund may be sponsored by an overseas branch of a US institution, may invest in US businesses, and may be denominated, or offered for sale, in US dollars. In total, there are approximately four times as many offshore funds as there are US-based funds.

Other Words for Fund

Fund Adjective Synonyms: supply, stock, reserve, store, pool, cache, reservoir, repository, mine
Fund Noun Synonyms: finance, back, capitalize, stake, support, pay for, endow, grant, subsidize
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Prerefunded Bond

Business / Finance / Prerefunded Bond: Refunded bond. MORE

Plan Funding

Health / Health Insurance / Plan Funding: The method that an employer or other payor or purchaser uses to pay medical benefit costs and administrative expenses. MORE

Prerefunding

Business / Finance / Prerefunding: Procedure of floating a second bond at a lower interest rate in order to pay off the first bond at the first call date and to reduce overall borrowing costs. MORE

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