offshore

(economics/law) (a) Outside the legal or taxing jurisdiction of a country. (b) An investment, security, bank account or property located outside an individual’s country of domicile. (c) A geographic region located “off the shore”, but within waters under a country’s control (e.g., offshore fisheries). (d) Manufacturing, production or technical support facilities located in a foreign country. (e) Contracting work carried out at sea (e.g., oil exploration and production at sea). (f) Conditions when the wind is blowing off the land. (g) Utilizing an outsourcing service provider (such as a call center) located in a foreign country. (h) Away from shore; away from land; “cruising five miles offshore,” “offshore oil reserves,” “an offshore island.”.

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