Definitions for "Offshoring"
Outsourcing to third party service providers located overseas.
To move abroad, mostly to a distant destination, e.g. India, China, Philippines, with certain business tasks with the primary goal to save cost
Offshoring, also known as offshore outsourcing, describes the practice of hiring employees, usually through an  outsourcing service, in another country. Companies seeking to reduce their labor costs use offshoring to employ workers at costs substantially less than at home. Typically, companies headquartered in the United States contract for employees in India, and increasingly in China, Russia, Israel, or Ireland, for example.
Transferring responsibility for software development from one group of people for whom English is a second language (i.e., programmers) to another group of likeminded individuals who work for less money.
Performing or sourcing any part of an organization's activities at or from a location outside the company's home country.
a derogatory word for ''reducing business costs