offshore

[awf-shawr, -shohr, of-]

adverb

1. off or away from the shore;

   They pushed the boat offshore.

2. at a distance from the shore, on a body of water.

   looking for oil offshore.

3. in a foreign country.

adjective

1. moving or tending away from the shore toward or into a body of water.

   an offshore wind.

2. located or operating on a body of water, at some distance from the shore.

   offshore fisheries.

3. registered, located, conducted, or operated in a foreign country.

   an offshore investment company; offshore manufacture of car parts.

verb (used with or without object)

1. (of a company or organization) to move jobs or business activities from the home territory to a foreign country: At this time, the manufacturing division has no plans to offshore.

   When our IT services were offshored to Malaysia, I lost my job.

   At this time, the manufacturing division has no plans to offshore.

offshore

/ ˌɒfˈʃɔː /

adjective

1. from, away from, or at some distance from the shore

2. overseas; abroad

adjective

1. sited or conducted at sea as opposed to on land

   offshore industries

2. based or operating abroad in places where the tax system is more advantageous than that of the home country

   offshore banking

   offshore fund

offshore

1. The relatively flat, irregularly shaped zone that extends outward from the breaker zone to the edge of the continental shelf. The water depth in this area is usually at least 10 m (33 ft). The offshore is continually submerged.

Other Word Forms

• offshoring noun

Word History and Origins

Origin of offshore¹

First recorded in 1710–20; off + shore ¹

Example Sentences

As an offshore, unregulated marketplace that is officially off-limits to Americans, it isn’t subject to the laws that ban insider trading in the U.S. stock market.

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“We also need to reduce our costs for developing, constructing, and operating offshore wind farms to strengthen our competitiveness.”

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In Mati city, close to the offshore epicentre of both quakes, the latest one knocked out power.

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The company said it needed to focus more on its European business and offshore wind, as well as improve its competitiveness.

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“The dramatic increase in offshore transactions needs tougher oversight by regulators, to ensure the risk to policyholders is kept as low as possible,” said Jeremy Levitt, chief executive of actuarial firm Graeme Group.

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