onshoring
|on-shor-ing|
🇺🇸
/ˈɑːnˌʃɔːrɪŋ/
🇬🇧
/ˈɒnˌʃɔːrɪŋ/
(onshore)
towards land
Etymology
'onshoring' originates from the English word 'onshore', where 'on-' meant 'on or upon' and 'shore' referred to 'land or coast'.
'onshore' transformed into the modern business term 'onshoring' to describe the relocation of business activities back to the home country.
Initially, 'onshore' referred to activities occurring on land, but over time it evolved into its current business context of relocating operations domestically.
Meanings by Part of Speech
Noun 1
the practice of relocating business processes or production to the company's own country.
The company decided to focus on onshoring to reduce costs and improve quality control.
Synonyms
Antonyms
Last updated: 2025/03/03 11:00