Longman Dictionary of Contemporary English homepage

offshore

 adjective
     
Related topics: Water
off‧shore
1TTW in or under the sea and not far from the coast [↪ inshore, onshore]:
offshore oil fields
an offshore island
2PETBF

offshore banks/companies/investments etc

banks etc that are based abroad in a country where you pay less tax than in your home country:
offshore financial centres
3

offshore wind/current etc

HEM a wind etc that is blowing or moving away from the land [≠ onshore]
—offshore adverb:
a boat anchored offshore
Definition from the Longman Dictionary of Contemporary English
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