contract out Meaning in the Cambridge English Dictionary

Meaning of “contract out” in the English Dictionary

"contract out" in Business English

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contract out

phrasal verb with contract uk   us   /kənˈtrækt/ verb
[I] to ​formallystate that you do not want to be involved in an ​officialplan or ​system: Under a ​personalpensionplan or ​stakeholderpensionscheme, the decision of whether to ​contract out rests with the ​individual.
(Definition of contract out from the Cambridge Business English Dictionary © Cambridge University Press)
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“contract out” in Business English

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