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Outsourced

Definitions

101

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Tariq Zaki
last edited by

past simple and past participle of outsource
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Outsourced meaning & definition 1 of Outsourced.
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Jason Yan
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If a company outsources, it pays to have part of its work done by another company:
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Outsourced meaning & definition 2 of Outsourced.

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Outsourcing is an agreement in which one company hires another company to be responsible for a planned or existing activity which otherwise is or could be carried out internally, i.e. in-house, and sometimes involves transferring employees and assets from one firm to another. The term outsourcing, which came from the phrase outside resourcing, originated no later than 1981. The concept, which The Economist says has made its presence felt since the time of the Second World War, often involves the contracting of a business process (e.g., payroll processing, claims processing), operational, and/or non-core functions, such as manufacturing, facility management, call center/call center support.
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