Onshore

Onshore

[on-shawr, -shohr, awn-]
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
Search another word or see onshoreon Dictionary | Thesaurus |Spanish
Copyright © 2014 Dictionary.com, LLC. All rights reserved.
  • Please Login or Sign Up to use the Recent Searches feature