offshore
Word family
- offshoringnounC1
- onshoreadjectiveC1
- reshoreverbC2
- shorenounB1
Synonym discussion
Sense: adjective/3
When talking about a business based in another country, these four words emphasise different things. 'Offshore' usually points to a foreign country chosen for lower taxes or looser financial rules — an offshore account often hints at tax planning, sometimes at hiding money. 'Overseas' is the most neutral and simply means 'in another country across the sea', as in 'overseas branches' or 'overseas customers'; it carries no tax flavour. 'Foreign' is the broadest and is used both for things from another country and for things felt as unfamiliar, as in 'foreign suppliers' or 'foreign currency'. 'International' stresses that something operates across many countries, as in 'an international law firm'. So a Taiwanese company opening a branch in Japan to serve Japanese customers is going overseas, but the same company moving its money to Bermuda to save tax is going offshore.
Common collocations
Nouns
- offshore wind
- offshore drilling
- offshore platform
- offshore account
- offshore company
- offshore fund
- offshore breeze
- offshore manufacturing
- offshore jobs
Adverbs
- far offshore
- just offshore
- miles offshore
Phrases
- go offshore
- set up offshore
- move offshore
- anchored offshore
- based offshore
Prepositions
- offshore from
- offshore of
- offshore in
Etymology
A straightforward English compound: the preposition 'off' (away from) plus the noun 'shore' (the land at the edge of a sea or lake). It first appeared in the early 1700s describing things lying at sea away from the coast, then later spread to winds blowing in that direction. The financial sense — money or companies kept in a foreign country, usually for tax reasons — grew up in the mid-20th century, when small island nations began offering very low tax rates to attract international clients. The verb sense, used for moving company work abroad to save money, became common in business writing only from the 1990s onward.