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English definition of “offshoring”

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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
Translations of “offshoring”
in Chinese (Traditional) 海外加工, 海外建廠, 離岸外包…
in Chinese (Simplified) 海外加工, 海外建厂, 离岸外包…
(Definition of offshoring from the Cambridge Business English Dictionary © Cambridge University Press)
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