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offshoring

off·shor·ing
O o

Transcription

    • US Pronunciation
    • US IPA
    • UK Pronunciation
    • UK IPA
    • [awf-shawr-ing, ‐shohr‐, of‐]
    • /ˈɔfˈʃɔr ɪŋ, ‐ˈʃoʊr‐, ˈɒf‐/
    • /ˌɒfˈʃɔːr.ɪŋ/
    • US Pronunciation
    • US IPA
    • [awf-shawr-ing, ‐shohr‐, of‐]
    • /ˈɔfˈʃɔr ɪŋ, ‐ˈʃoʊr‐, ˈɒf‐/

Definitions of offshoring word

  • noun offshoring 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. 1
  • noun offshoring The practice of basing some of a company’s processes or services overseas, so as to take advantage of lower costs. 1
  • noun Technical meaning of offshoring (business)   Transfer of a business process, e.g. manufacturing or customer service, from a company in one country to the same or another company in a different country. This overlaps partially with outsourcing, in which work is transferred to a different company in the same or a different country. 1
  • noun offshoring business: outsourcing to abroad 1
  • uncountable noun offshoring Offshoring is the practice of moving a company's work to a foreign country where labour costs are cheaper. 0
  • noun offshoring the practice of moving a company's operating base to a foreign country where labour costs are cheaper 0

Information block about the term

Parts of speech for Offshoring

noun
adjective
verb
adverb
pronoun
preposition
conjunction
determiner
exclamation

offshoring popularity

This term is known only to a narrow circle of people with rare knowledge. Only 7% of English native speakers know the meaning of this word.
This word is included in each student's vocabulary. Most likely there is at least one movie with this word in the title.

offshoring usage trend in Literature

This diagram is provided by Google Ngram Viewer

Top questions with offshoring

  • what is offshoring?
  • companies use offshoring in order to do what?

See also

Matching words

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