outsourcing

Meaning

The practice of having certain job functions done outside a company instead of having an in-house department or employee handle them.

Example Sentences

Many companies use outsourcing to reduce labor costs.

Many companies use outsourcing to reduce operational costs.

Synonyms

contracting, delegation, offshoring, subcontracting

Entry 1

contracting, delegation, offshoring

Entry 2

contracting, subcontracting, delegation

Antonyms

insourcing, domestic hiring, internalization, centralization, in-house

Entry 1

insourcing, domestic hiring, internalization

Entry 2

insourcing, centralization, in-house