Outsourcing

verb

/ˈaʊtˌsɔː(ɹ).sɪŋ/

Word Frequency: 1.2

Definitions

1.verbTo transfer the management and/or day-to-day execution of a business function to a third-party service provider.

"They decided to outsource the design and manufacture of the system to a vendor."

2.nounThe transfer of a business function to an external service provider.

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