offshoring

[ awf-shawr-ing, ‐shohr‐, of‐ ]
/ ˈɔfˈʃɔr ɪŋ, ‐ˈʃoʊr‐, ˈɒf‐ /

noun

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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Example sentences from the Web for offshoring

British Dictionary definitions for offshoring

offshoring
/ (ˈɒfˌʃɔːrɪŋ) /

noun

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