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    offshore

    adjective

    • 1. situated at sea some distance from the shore: "this huge stretch of coastline is dominated by offshore barrier islands"
    • 2. made, situated, or registered abroad, especially in order to take advantage of lower taxes or costs or less stringent regulation: "deposits in offshore accounts"

    adverb

    • 1. at sea some distance from the shore: "we dropped anchor offshore"
    • 2. in a foreign country, especially in order to take advantage of lower taxes or costs or less stringent regulation: "big businesses in most cases pay little or no tax if they are registered offshore"

    verb

    • 1. relocate (a business or department) to a foreign country to take advantage of lower taxes or costs: "he predicts that 750,000 UK jobs will be offshored in the next 10 years"

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