adjective
- located at a distance from the shore
- located or based in a foreign country, especially for tax advantages
Usage: business; finance
adverb
- away from or at a distance from the shore
Examples
- The offshore oil rig was visible from the beach.
- Strong offshore winds pushed the sailboat out to sea.
- The company moved its headquarters offshore to reduce taxes.
- Many wealthy individuals keep their money in offshore accounts.
- The fishing boat headed offshore in search of deeper waters.
- Offshore banking has become increasingly regulated.
- The storm moved offshore during the night.