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offshoring

[awf-shawr-ing, ‐shohr‐, of‐] /ˈɔfˈʃɔr ɪŋ, ‐ˈʃoʊr‐, ˈɒf‐/
noun
1.
the practice of moving employees or certain business activities to foreign countries as a way to lower costs, avoid taxes, etc.:
the offshoring of software jobs to China.
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Based on the Random House Dictionary, © Random House, Inc. 2017.
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British Dictionary definitions for offshoring

offshoring

/ˈɒfˌʃɔːrɪŋ/
noun
1.
the practice of moving a company's operating base to a foreign country where labour costs are cheaper
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition
© William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012
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Contemporary definitions for offshoring
noun

the practice of moving business processes or services to another country, esp. overseas, to reduce costs

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Word Origin and History for offshoring
n.

in the economic sense, as a form of outsourcing, attested by 1988, from offshore.

Online Etymology Dictionary, © 2010 Douglas Harper
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