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From Longman Dictionary of Contemporary English
Related topics: Water
offshoreoff‧shore /ˌɒfˈʃɔː◂ $ ˌɒːfˈʃɔːr◂/ adjective  1 TTWin or under the sea and not far from the coastinshore, onshore offshore oil fields an offshore island2 offshore banks/companies/investments etc3 offshore wind/current etcoffshore adverb a boat anchored offshore
Examples from the Corpus
offshoreNeedless to say, the use of offshore centres is never far from being a controversial matter.People hold domestic deposits despite the higher interest rate on offshore deposits because they associate greater political risk with offshore deposits.Hamilton has estimated that these two projects and the offshore development will create some 3,000 construction jobs and over 200 permanent jobs.Most are offshore financial centres also targeted by international watchdogs for loose banking regulation and harmful tax practices.offshore fishingMore than 100 offshore funds pay an income in sterling.To enable waves to break some distance offshore it is necessary that the offshore profile should possess a very gentle gradient.Conoco also disclosed it has started a review of offshore maintenance operations could lead to a jobs rundown.offshore oil reservesThe coupling of this offshore subsidence and onshore uplift will induce a flexure of the margin which will accentuate uplift inland.
From Longman Business Dictionaryoffshoreoff‧shore1 /ˌɒfˈʃɔː◂ˌɒːfˈʃɔːr◂/ adjective1involving an activity performed outside a particular country, rather than inside itTaiwanese regulators have been unhappy with offshore trading in its stock futures.2offshore bank/company/investment etcTAX a bank etc that is based in a country where taxes are lower, laws are less strict etcHe had transferred the money from Switzerland to accounts in offshore banks.firms based in loosely-regulated offshore financial centres3connected with oil and gas production that is done on or under the seaoffshore oil drillingoffshore adverbThere have been complaints about capital being invested offshore.He worked offshore on an oil rig.offshoreoffshore2 verb [transitive] MANUFACTURING if a company offshores jobs or an activity, it moves them to a foreign country where costs are lowerSome 3,000 formerly British jobs have been offshored each year since the millennium.offshoring noun [uncountable]We are particularly concerned about the offshoring of high-tech jobs.
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