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English definition of “offshore”


adjective     /ˌɒfˈʃɔːr/ US  /ˌɑːfˈʃɔːr/
(of companies and banks ) based in a different country with different tax rules that cost less money : offshore banking / funds → Compare onshoreCountry and nationContinents and regions of the worldCountry namesBusiness and commerce - general words
(Definition of offshore adjective from the Cambridge Advanced Learner's Dictionary & Thesaurus © Cambridge University Press)
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