present participle of offshore

The location of a business in another country for tax purposes or lowering production costs, as the labor.

plural of offshoring

Moving away from the shore. / Located in the sea away from the coast. / Located in another country, especially one having beneficial tax laws or labor costs.

An area or or portion of sea away from the shore. / An island, outcrop, or other land away from shore. / Something or someone in, from, or associated with another country.

Away from the shore. / At some distance from the shore.

To move industrial production from one region to another or from one country to another, usually seeking lower business costs, like labor.

plural of offshorer

An organization that sends work abroad, hiring foreign labour as a substitute for local labour. / An organization that accepts offshored work from others.

(neologism) The act of moving capital to offshore accounts, or relocating business to a foreign country with a more lenient tax regime.