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outsourcing

/ˈaʊtˌsaʊtˈsɔːrɪŋ/ noun · British & US
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What does outsourcing mean?

noun

The practice of contracting with an external company to perform tasks or services that were previously performed by in-house staff.

Example

"The company decided to outsource its IT department to a third-party provider."

Reviewed by Deb Chak, Editor. AI-assisted content curated by RJS Tech Solutions LLP.

Etymologically related

Synonyms for outsourcing

Antonyms of outsourcing

Rhymes with outsourcing