Yes, the oxford is a formal leather men's shoe, and is perhaps
the most commonly worn formal shoe for men. The oxford can come
in a range of style - such as the wingtip - but, the classic oxford
design features a top cap, five eyelet's for laces, a simple seam
running around the eyelet's; but, overall, a fairly plain vamp devoid
of elaborate stitching.
As you may have guessed, the origins of the shoe can be traced
back to the city of Oxford in England, and specifically Oxford University.
The oxford shoe is believed to have evolved from an unpopular boot
worn by the students in the 19th century. While the term "oxford"
refers to a specific shoe, highlighted above, in the United Kingdom;
in the United States of America it can refer to a multitude of formal