offshoring

listen to the pronunciation of offshoring
Английский Язык - Английский Язык
The location of a business in another country for tax purposes
Present participle of offshore
(Ekonomi) Offshoring describes the relocation of business processes from one country to another. This includes any business process such as production, manufacturing, or services
The relocation of some of a companys production, services or jobs overseas in order to reduce costs