Definition of law. 1a (1) : a binding custom or practice of a community : a rule of conduct or action prescribed (see prescribe 1a) or formally recognized as binding or enforced by a controlling authority (2) : the whole body of such customs, practices, or rules The courts exist to uphold, interpret, and apply the law.
ashore adverb [not gradable]. âº toward or onto âland from an âarea of âwater, or on âland after coming from an âarea of âwater: Julie âjumped off the âboat and âswam ashore. (Definition of ashore from the Cambridge Academic Content Dictionary Â© Cambridge University Press). See all translations.
DEFINITION of 'Offshore'. 1. Located or based outside of one's national boundaries. The term offshore is used to describe foreign banks, corporations, investments and deposits. A company may legitimately move offshore for the purpose of tax avoidance or to enjoy relaxed regulations.Offshore financial institutions can also be used for illicit purposes such as money laundering and tax evasion.2.he term offshore is used to describe foreign banks, corporations, investments and deposits. A company may legitimately move offshore for the purpose of tax avoidance or to enjoy relaxed regulations.