offshore
US /ˈɔfˈʃɔr, -ˈʃor, ˈɑf-/
・UK /ˌɒfˈʃɔ:(r)/
B2
adjective
- (Of tax avoidance schemes) not in your country
- (Of winds) coming from the land
- Located or based in a foreign country, especially for financial advantage.
noun
- A financial entity (company, bank account, investment, etc.) located outside one's country of residence, typically for tax or regulatory advantages.
adverb
- Away from or at a distance from the shore.
verb
- To relocate a business process or operation to another country, typically to reduce costs.