Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

English definition of “offshore”

offshore

adjective [before noun]
 
 
/ˌɒfˈʃɔːr/
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 → Compare onshore
(Definition of offshore adjective from the Cambridge Business English Dictionary © Cambridge University Press)
What is the pronunciation of offshore?
Add Cambridge dictionaries to your browser to your website

More Business English definitions for “offshore”

Definitions of “offshore” in other dictionaries

Word of the Day

shadow

an area of darkness, caused by light being blocked by something

Word of the Day

Highly delighted, bitterly disappointed, ridiculously cheap: adverbs for emphasis.

by Liz Walter,
October 22, 2014
We often make adjectives stronger by putting an adverb in front of them. The most common ones are very and, for a stronger meaning, extremely: He was very pleased. The ship is extremely large. However, we don’t use very or extremely for adjectives that already have a strong meaning, for example fantastic,

Read More 

life tracking noun

October 20, 2014
the use of one or more devices or apps to monitor health, exercise, how time is spent, etc.

Read More