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offshore Definition

off·shore (-s̸hôr′)

adjective

  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

adverb

  1. away or far from the shore; seaward
  2. ☆ outside the U.S. to borrow money offshore

offshore Synonyms

offshore

modif.

oceanic, in the sea, marine, foreign; see foreign 1, 2, maritime 2, nautical.

offshore Finance Definition

A term used to refer to a domestic company that is registered to do business in a country other than where most of its business is transacted. For instance, in the United States, an offshore company would be one that is incorporated in Bermuda even though the vast majority of its business operations are in the United States. Offshore investment companies, such as mutual funds, still must comply with all U.S. regulations if they are doing business in the United States.

offshore Usage Examples

Modifies a noun

  • windfarms: The company has also used its expertise in the offshore oil and gas business to move into offshore windfarms.
  • windfarm: The very first UK offshore windfarm, in the North Sea off Blyth on the Northumberland coast, was commissioned in December 2000.
  • jurisdiction: The first thing to understand is how the tax policies of offshore jurisdictions work.
  • banking: Coddan offers internet offshore banking with online offshore bank accounts opening services in the best offshore tax havens in the world.
  • outsourcing: There are a number of issues specific to offshore outsourcing.
  • turbine: The first offshore wind turbines in the UK are producing power more cheaply than our newest nuclear power station.

Modifying Another Word

  • far: Clear, deep water not far offshore, which is warm enough to make two-hour decompression schedules bearable.
  • just: I suspect that most English people would prefer to be in the middle of the Atlantic rather than just offshore, rather like Atlantis.
  • still: The only movement on the sea involved 3 passing Red-throated Divers although the settled Common and Velvet Scoters were also still offshore.
  • purely: Companies incorporated there compare favorably to those registered in purely offshore jurisdictions.
  • also: It also looks at radio you can hear on holiday abroad, also offshore radio.
  • now: So now offshore wind is formally on the agenda.

Used with adjective complement

  • form: Learn about forming offshore Hong Kong IBC benefits, incorporating IBC offshore advantages.
  • provide: We are providing offshore Hong Kong holding company set-up.

Browse dictionary entries near offshore

  1. ‹ offshoot
  2. ‹ offset quadrature phase shift keying
  3. ‹ offset printing
  4. ‹ offset
  5. ‹ offscouring
  6. ‹ offramp
  7. ‹ offprint
  8. ‹ offload
  9. ‹ offish
  10. ‹ offing
  1. offshore bank ›
  2. offshoring ›
  3. offside ›
  4. offspring ›
  5. offstage ›
  6. OFN ›
  7. OFNP ›
  8. OFNR ›
  9. OFr ›
  10. OFris ›