offshoreoff·shore1 /ˌɒfˈʃɔː◂ˌɒːfˈʃɔːr◂/ adjectiveadj1involving 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 centres
—offshore adverbadvThere have been complaints about capital being invested offshore.
He worked offshore on an oil rig.