- 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.
Examples from the Web for offshoring
Contemporary Examples of offshoring
There are many explanations for this decline, including the impact of offshoring, globalization and technology.Dawn of the Age of Oligarchy: the Alliance between Government and the 1%
June 28, 2014
The only thing that will stimulate is liberal and conservative opposition to what looks like a plan for offshoring.Obama Wants to Fight Income Inequality…With More Free Trade?
January 27, 2014
He believes that outsourcing, offshoring, whatever, is good.Mitt Romney as Nathan Jessup
July 16, 2012
Outsourcing, offshoring, hiding money in the Caymans and elsewhere.Busted; Plus, This Election's Other Referendum
July 6, 2012
- the practice of moving a company's operating base to a foreign country where labour costs are cheaper
Word Origin and History for offshoring
in the economic sense, as a form of outsourcing, attested by 1988, from offshore.