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Noun: offshoring  óf'sho-ring
  1. The relocation of business activity to a location in another country with lower costs
    "Nearly half of Europe's top firms plan more offshoring in coming years"
Verb: offshore  'óf'shor
  1. Move (an operation, division, service, etc) to another country, e.g. where operation is cheaper

Derived forms: offshorings

Encyclopedia: Offshoring