Onshore

Onshore

Onshore is a term used in finance to denote the jurisdiction in which a company is domiciled and in which it pays a significant rate of tax. It is the opposite of offshore, which denotes a tax haven. Generating profits offshore may have certain tax advantages for companies.

Onshoring used in resource management to denote the "legal" importation and exploitation of foreign low cost labor resources for domestic work or engagement of low cost domestic resources for example rural outsource or onshore resource.

Onshore can also be defined as: coming or moving from the water toward or onto the shore <an onshore wind>. Commonly used in surfing for Blown Out: where the onshore wind turns the surf in to unrideable mush.

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  • onshore — on‧shore [ˌɒnˈʆɔː◂ ǁ ˌɑːnˈʆɔːr◂, ˌɒːn ] adjective 1. involving an activity performed in a particular country, rather than outside it: • The Thai baht reached new lows in onshore trading in Bangkok. 2. onshore bank/​company/​investment etc TAX a… …   Financial and business terms

  • onshore — adj. coming from the sea toward the land; of winds and weather; as, an onshore gale. Opposed to {offshore}. Syn: inshore, seaward. [WordNet 1.5] 2. On the edge of the land; near the shoreline; as, an onshore lighthouse. [WordNet 1.5] …   The Collaborative International Dictionary of English

  • onshore — [än′shôr΄] adj. 1. moving onto or toward the shore [an onshore breeze] 2. situated or operating on land [an onshore patrol] adv. toward the shore; landward …   English World dictionary

  • onshore — ► ADJECTIVE & ADVERB 1) situated or occurring on land. 2) (of the wind) blowing from the sea towards the land …   English terms dictionary

  • onshore — [[t]ɒ̱nʃɔ͟ː(r)[/t]] 1) ADJ: usu ADJ n Onshore means happening on or near land, rather than at sea. ...Western Europe s biggest onshore oilfield. Ant: offshore ADV: ADV after v Onshore is also an adverb. They missed the ferry and remained onshore …   English dictionary

  • onshore — /on shawr , shohr , awn /, adv. 1. onto or in the direction of the shore from a body of water: a breeze blowing onshore. 2. in or on a body of water, close to or parallel with the shore: to sail a boat onshore. 3. on land, esp. within the area… …   Universalium

  • onshore — adjective Date: 1875 1. coming or moving from the water toward or onto the shore < an onshore wind > 2. a. situated on or near the shore as distinguished from being in deep or open water b. situated on land 3. domestic 2 < onshore markets > •… …   New Collegiate Dictionary

  • Onshore — Cette page d’homonymie répertorie les différents sujets et articles partageant un même nom. Onshore est un terme anglais qui désigne l exploration, la recherche, un forage, une production à terre ou un gisement de pétrole à terre, par opposition… …   Wikipédia en Français

  • onshore — adjective 1 on or near the land rather than in the sea: onshore oil production 2 moving towards the land: strong onshore winds onshore adverb …   Longman dictionary of contemporary English

  • onshore — a direction landward from the sea, e.g. onshore wind, onshore current …   Dictionary of ichthyology

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