Looking for the meaning of the word OFFSHORING in English for both noun and verb forms from the Oxford Dictionary? Below, you can explore all possible meanings and definitions of OFFSHORING with sentence examples. You can also use the “AUDIO PRONUNCIATION” track to check the correct pronunciation in British English.
Word: Offshoring
Speech Type: Noun
Etymology:
1980s: from offshore + -ing
Audio Pronunciation:
Phonetic Spelling:
ˌɒfˈʃɔːrɪŋ
Dialects: British English
Definition:
the practice of basing some of a company's processes or services overseas, so as to take advantage of lower costs.
Short Definition:practice of basing some of company's processes or services overseas, so as to take advantage of lower costs
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