offshoring(redirected from Off Shoring)
basing a company’s operations overseas to take advantage of lower costs
1. Moving or directed away from the shore: an offshore wind.
a. Located at a distance from the shore: an offshore mooring; offshore oil-drilling platforms.
b. Located or based in a foreign country and not subject to tax laws: offshore bank accounts; offshore investments.
1. Away from the shore: The storm moved offshore.
2. At a distance from the shore: a boat moored offshore.
The comparatively flat region of submerged land extending seaward from beyond the region where breakers form to the edge of the continental shelf.
tr.v. off·shored, off·shor·ing, off·shores
To outsource (production or services) to another country.
(Commerce) the practice of moving a company's operating base to a foreign country where labour costs are cheaper