onshore Meaning in the Cambridge English Dictionary Cambridge dictionaries logo

Meaning of “onshore” in the English Dictionary

"onshore" in British English

See all translations

onshoreadjective, adverb

uk   /ˌɒnˈʃɔːr/  us   /ˈɑːn.ʃɔːr/
moving towards ​land from the ​sea, or on ​landrather than at ​sea: onshore ​winds onshore ​oilreserves
(Definition of onshore from the Cambridge Advanced Learner’s Dictionary & Thesaurus © Cambridge University Press)

"onshore" in Business English

See all translations

onshoreadjective

uk   us   /ˌɒnˈʃɔːr/
FINANCE, TAX used to describe ​companies and ​banks that are ​based in a country where they ​paynormalrates of ​tax, or to describe the ​services of these ​companies or ​banks : The strict ​regulationsimposed by onshore ​banks make ​taxevasion difficult.onshore account/banking/funds The ​award-winningfundmanageroffers a ​range of 35 onshore ​funds.
NATURAL RESOURCES, PRODUCTION on ​land rather than in the sea: an onshore windfarm/oil field The ​energysupplier has ​investedheavily in ​developing onshore windfarms. onshore exploration/drilling/production Other ​majoroilgroups do not have onshore ​production in the country.
Compare

onshoreadverb

uk   us   /ˌɒnˈʃɔːr/
FINANCE, TAX to a country where you ​paynormalrates of ​tax: The ​drawback of ​investingoverseas is that ​tax will need to be ​paid when the ​money is ​brought back onshore.
NATURAL RESOURCES, PRODUCTION onto ​land from the sea: By the end of the day, all 1,400 ​workers had been ​brought onshore and the company's ​wells had been ​shut.
Compare
(Definition of onshore from the Cambridge Business English Dictionary © Cambridge University Press)
Translations of “onshore”
in Chinese (Simplified) 向岸上(的),向陆地(的), 陆上(的)…
in Chinese (Traditional) 向岸上(的),向陸地(的), 陸上(的)…
What is the pronunciation of onshore?
Add Cambridge dictionaries to your browser to your website

“onshore” in Business English

Word of the Day

float

a large vehicle with a flat surface that is decorated and used in festivals

Word of the Day

PLEASE DON’T SHOUT!
PLEASE DON’T SHOUT!
by Colin McIntosh,
February 09, 2016
New words are entering the language all the time. A few of these are completely new and original coinages, but the vast majority are based on the existing stock of words in some way, for example by using affixes (prefixes and suffixes). These can have the effect of changing the meaning of the

Read More 

farecasting noun
farecasting noun
February 08, 2016
predicting the optimum date to buy a plane ticket, especially on a website or using an app A handful of new and updated websites and apps are trying to perfect the art of what’s known as farecasting – predicting the best date to buy a ticket.

Read More