onshore

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 bank etc that is based in a country where taxes are at normal levels, laws are strict etc:

• The bank now wants to expand in onshore business centres such as London, New York and Tokyo.

3. connected with oil and gas production that is done on land:

• There was only one onshore discovery last year out of seven exploration wells drilled.

— onshore adverb :

• Some of these deals are much more generous than comparable products onshore.

* * *

Ⅰ.
onshore UK US /ˌɒnˈʃɔːr/ adjective
FINANCE, TAX used to describe companies and banks that are based in a country where they pay normal rates of tax, or to describe the services of these companies or banks : »

The strict regulations imposed by onshore banks make tax evasion difficult.

onshore account/banking/funds »

The award-winning fund manager offers a range of 35 onshore funds.

NATURAL RESOURCES, PRODUCTION on land rather than in the sea: an onshore windfarm/oil field »

The energy supplier has invested heavily in developing onshore windfarms.

onshore exploration/drilling/production »

Other major oil groups do not have onshore production in the country.

Compare OFFSHORE(Cf. ↑offshore)
Ⅱ.
onshore UK US /ˌɒnˈʃɔːr/ adverb
FINANCE, TAX to a country where you pay normal rates of tax: »

The drawback of investing overseas is that tax will need to be paid when the money is brought back onshore.

NATURAL RESOURCES, PRODUCTION onto land from the sea: »

By the end of the day, all 1,400 workers had been brought onshore and the company's wells had been shut.

Compare OFFSHORE(Cf. ↑offshore)

Financial and business terms. 2012.

Look at other dictionaries:

  • 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 — This article is about finance. For onshore winds, see sea breeze. For land based fossil fuels, see Onshore (hydrocarbons). Onshore is a term used in finance to denote the jurisdiction in which a company is domiciled and in which it pays a… …   Wikipedia

  • 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

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”

We are using cookies for the best presentation of our site. Continuing to use this site, you agree with this.