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.
Words nearby offshoring
offshoot,
offshore,
offshore dock,
offshore drilling,
offshoreman,
offshoring,
offside,
offsider,
offspring,
offstage,
offtake
Example sentences from the Web for 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% |Joel Kotkin |June 28, 2014 |DAILY BEASTThe 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? |Lloyd Green |January 27, 2014 |DAILY BEASTHe believes that outsourcing, offshoring, whatever, is good.
Outsourcing, offshoring, hiding money in the Caymans and elsewhere.
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