[awf-shawr, -shohr, of-] 
| 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. |
| 4. | moving or tending away from the shore toward or into a body of water: an offshore wind. |
| 5. | located or operating on a body of water, at some distance from the shore: offshore fisheries. |
| 6. | registered, located, conducted, or operated in a foreign country: an off-shore investment company; off-shore manufacture of car parts. |
| off·shore (ôf'shôr', -shōr', ŏf'-) adj.
|
Offshore
Located or based outside of one's national boundaries.
Investopedia Commentary
The term offshore is used to describe foreign banks, corporations, investments, and deposits. A company may move offshore for the purpose of tax avoidance or relaxed regulations.
Related Links
Pros And Cons Of Offshore Investing
Investing Beyond Your Borders
See also: International Banking Facility, Offshore Mutual Fund
offshore
| offshore (ôf'shôr') Pronunciation Key
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. |
