Offshore

Offshore

Adjective, Adverb & Noun · /ˌɒfˈʃɔː/ · situated, based, or operating away from the shore

Definition

Located or operating at a distance from the shore, or in another country for tax, financial, or operational advantage. In technology: delegating work to a team in a foreign country, typically at lower cost.

Origin

Compound of Old English of (off, away from) + scora (shore). Originally a purely maritime term; its financial and business meanings emerged in the mid-20th century.