Looking for the meaning of the word OFFSHORE in English for both noun and verb forms from the Oxford Dictionary? Below, you can explore all possible meanings and definitions of OFFSHORE with sentence examples. You can also use the “AUDIO PRONUNCIATION” track to check the correct pronunciation in British English.
Word: Offshore
Speech Type: Adjective
ˌɒfˈʃɔː
situated at sea some distance from the shore
Short Definition:situated out at sea
Examples:- this huge stretch of coastline is dominated by offshore barrier islands
made, situated, or registered abroad, especially in order to take advantage of lower taxes or costs or less stringent regulation
Short Definition:made or situated etc. abroad to avoid high taxes
Examples:- deposits in offshore accounts
Word: Offshore
Speech Type: Adverb
ˌɒfˈʃɔː
at sea some distance from the shore
Short Definition:at sea
Examples:- we dropped anchor offshore
in a foreign country, especially in order to take advantage of lower taxes or costs or less stringent regulation
Short Definition:in foreign country to avoid high taxes
Examples:- big businesses in most cases pay little or no tax if they are registered offshore
Word: Offshore
Speech Type: Verb
relocate (a business or department) to a foreign country to take advantage of lower taxes or costs
Short Definition:move overseas
Examples:- he predicts that 750,000 UK jobs will be offshored in the next 10 years
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