Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

English definition of “offshore”

See all translations

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

hard luck story

a story or piece of information that someone tells you or writes about himself or herself, intended to make you feel feel sympathy for that person

Word of the Day

Think long and hard; the language of decisions

by Liz Walter,
January 28, 2015
One of the best ways (perhaps the best way) to improve your English is to learn how words go together in phrases, idioms, or other patterns such as verb/noun or adjective/noun pairs (often called ‘collocations’). This blog looks at some useful phrases and collocations connected with the subject of decisions, something we

Read More 

micro pig noun

January 26, 2015
an extremely small pig, bred to be a pet Micro pigs have become popular pets recently, with famous owners including Victoria Beckham, Paris Hilton and Olympic diver, Tom Daley.

Read More