Definition, Meaning & Synonyms
outsourcing-company
noun
/ˈaʊtˌsɔːrsɪŋ ˈkʌmpəni/
Definition
A business that delegates certain functions or services to another company, often to reduce costs or improve efficiency.
Examples
- ABC Solutions is a leading outsourcing company that provides IT support services.
- Many businesses hire an outsourcing company to handle their customer service operations.
- Outsourcing companies can help startups scale their operations without significant investment.
Meaning
An outsourcing company manages specific tasks or services and conducts them on behalf of another company, typically in different locations.
Synonyms
- Contracting firm
- Service provider
- Third-party vendor
