BusinessSeptember 1, 2026

domicile

DOM-uh-syle

Definition

The specific legal jurisdiction where an entity, such as a company or a fund, is officially established and maintains its principal legal residence.

Etymology

Derived from the Latin 'domicilium' (dwelling, residence), which comes from 'domus' (home). It entered English in the 15th century to describe one's permanent legal place of abode.

In the news

The article uses the term to describe the British Virgin Islands as a popular, stable legal home for international hedge funds to organize and register their operations.

BVI woos India

Read the full article ↗

Law.asia

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