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English definition of “offshoring”

offshoring

noun [U] /ˌɒfˈʃɔːrɪŋ/
ECONOMICS, HR, WORKPLACE the practice of a company having work done in another country, often because costs are lower there: Offshoring is not always the best option for a company. → Compare homeshoring
(Definition of offshoring noun from the Cambridge Business English Dictionary © Cambridge University Press)

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