offshoring

(redirected from Off Shoring)

offshoring

basing a company’s operations overseas to take advantage of lower costs

off·shore

 (ôf′shôr′, ŏf′-)
adj.
1. Moving or directed away from the shore: an offshore wind.
2.
a. Located at a distance from the shore: an offshore mooring; offshore oil-drilling platforms.
b. Located or based in a foreign country and not subject to tax laws: offshore bank accounts; offshore investments.
adv.
1. Away from the shore: The storm moved offshore.
2. At a distance from the shore: a boat moored offshore.
n.
The comparatively flat region of submerged land extending seaward from beyond the region where breakers form to the edge of the continental shelf.
tr.v. off·shored, off·shor·ing, off·shores
To outsource (production or services) to another country.

offshoring

(ˈɒfˌʃɔːrɪŋ)
n
(Commerce) the practice of moving a company's operating base to a foreign country where labour costs are cheaper
Translations
offshoring
References in periodicals archive ?
Due to the MNC subsidiary perspective (which does not enable us to make affirmations about what is happening in the home country), in this paper a broader conceptual definition of in-house off shoring will be adopted.
Specifically, the significant and positive relationship between local outsourcing and in-house off shoring (H1) implies that the efficiency advantages of local outsourcing are likely to coincide with those of in-house off-shoring.
This research shows that off-shoring of product development is different from other forms of R&D globalization, since the latent variable cooperation with clients is negatively associated with the off shoring variable (H2).
The union said the larger sites were able to take the work because off shoring had created surplus capacity.
A spokeswoman for Lloyds TSB said, 'This is not linked in any way to off shoring jobs in India.'