offshore Meaning in the Cambridge English Dictionary Cambridge dictionaries logo
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Meaning of “offshore” in the English Dictionary

"offshore" in British English

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offshoreadjective, adverb

uk   /ˌɒfˈʃɔːr/ us   /ˌɑːfˈʃɔːr/
away from or at a distance from the coast: offshore engineering an offshore breeze The wind was blowing offshore.

offshoreadjective

uk   /ˌɒfˈʃɔːr/ us   /ˌɑːfˈʃɔːr/
(Definition of offshore from the Cambridge Advanced Learner’s Dictionary & Thesaurus © Cambridge University Press)

"offshore" in American English

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offshoreadjective, adverb

us   /ˈɔfˈʃɔr, -ˈʃoʊr/
away from or at a distance from the land: an offshore oil rig
Offshore businesses, banks, or accounts are located in an island country or a country away from your own country.
(Definition of offshore from the Cambridge Academic Content Dictionary © Cambridge University Press)

"offshore" in Business English

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offshoreadjective [before noun]

uk   /ˌɒfˈʃɔːr/ us  
FINANCE used to describe companies or investments that are based in a country that is not the home country and that has lower tax, weaker laws, etc.: an offshore bank/company/investment
ECONOMICS, HR, WORKPLACE used to describe the business activities of a company that happen in a different country to the one where the company is based, where costs may be lower: The subject of offshore jobs is one of the most politically charged this year.
PRODUCTION, NATURAL RESOURCES connected to the production of oil and gas at a distance from the land or under the sea: offshore reserves of oil Drilling offshore oil is still profitable.
offshore
adverb
The company had no alternative but to move offshore .
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offshoreverb [T]

uk   /ˌɒfˈʃɔːr/ us  
ECONOMICS, HR, WORKPLACE to have work done in another country, often because costs are lower there: Product design is relatively difficult to offshore.
(Definition of offshore from the Cambridge Business English Dictionary © Cambridge University Press)
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“offshore” in British English

“offshore” in Business English

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