offshoring


Also found in: Thesaurus, Legal, Financial, Encyclopedia, Wikipedia.

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 ?
Offshoring, the outsourcing of jobs to foreign countries, poses one of the biggest threats to U.
The need to source talent globally is replacing low-skilled, low-cost labor as the decisive factor in companies' offshoring strategy
An overview of offshoring capabilities in Chile and Argentina;
According to estimates by Pune-based outsourcing research, India is the preferred BPO destination for offshoring banking and financial services (BFS), earning $1.
LONDON & NEW YORK -- Financial Services Companies, Like Manufacturing Firms before Them, Are Outsourcing and Offshoring, Going beyond Geographical and Organizational Boundaries in Search of Efficient Operations
com/reports/c29593has announced the addition of Offshoring Legal Services To India to their offering
neoIT and Managing Offshore collected over 250 wide ranging data points from 13 countries with strong representation from offshoring leaders India, The Philippines, China, Russia, Malaysia and Mexico.
Respondents to the survey included firms from 13 countries around the world representing many of the most popular offshoring destinations.
The Offshore 100 firms are witnessing the tangible effects of the offshoring trend representing over $90 billion in outsourcing revenues, and growing at a compounded annual rate of 20 percent from 2003 to 2005.
com), Global Offshore Outsourcing and Offshoring of IT Jobs, reveals that the value of IT jobs exported totaled $51.