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UK [ˌɒfˈʃɔː(r)] / US [ˌɔfˈʃɔr] adjective
1) [usually before noun] in the sea, not on the land. This word is used especially for talking about the oil industry

China has huge offshore and onshore oil reserves.

an offshore oil rig

a) in the sea but near the coast

offshore islands

b) an offshore wind is blowing away from the land, towards the sea

Avoid offshore winds and don't sail alone.

2)
a) [only before noun] economics an offshore bank or company is not in your own country, but in a country where you pay less tax
b) relating to or involving money invested in another country

offshore assets/funds/investments

offshore banking


Derived word:
offshore
UK / US adverb

They're going to be working offshore.


The wind was blowing offshore.


English dictionary. 2014.

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Look at other dictionaries:

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  • Offshore — Off shore , a. 1. From the shore; as, an offshore wind; an offshore signal. [1913 Webster] 2. Located in the waters near the shore; as, offshore drilling. [PJC] 3. Operating or located in a foreign country; as, an offshore bank account; offshore… …   The Collaborative International Dictionary of English

  • offshore — [ôf′shôr′] adj. 1. moving off or away from the shore [an offshore wind] 2. situated or in operation at some distance from shore ☆ 3. engaged in outside the U.S. as by U.S. banks or manufacturers [offshore investments, offshore assembly plants]… …   English World dictionary

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  • offshore — adj. 2 g. 2 núm. s. m. 2 núm. 1. Diz se da parte da indústria do petróleo que compreende a prospecção, a perfuração e a exploração dos jazigos situados ao largo da costa. 2. Diz se de um estabelecimento bancário estabelecido no estrangeiro e não… …   Dicionário da Língua Portuguesa

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  • offshore — A term used to indicate a legal regime outside of the United Kingdom. When an investment centre is offshore it is not subject to UK tax or regulation, including investment protection rules. For example, investments located in offshore centres… …   Financial and business terms

  • offshore — 01. The government has given permission to an oil company to do [offshore] drilling on the west coast of the state. 02. With no direct taxation, the Cayman Islands are a thriving [offshore] financial center. 03. A recent study suggests that an… …   Grammatical examples in English

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