outsource
UK: ˌaʊtˈsɔːs | US: ˌaʊtˈsɔːrs
vt. To procure (goods or services) from an external source, especially to cut costs.
vt. To delegate (work or tasks) to a third-party provider.
The word "outsource" emerged in the late 20th century, combining "out" (Old English ūt, meaning "external") and "source" (Latin sors, via Old French sourse, meaning "origin"). It reflects the business practice of seeking external providers for efficiency or cost reduction. The term gained prominence with globalization and the rise of corporate outsourcing strategies.
Many companies outsource IT services to specialized firms.
The startup decided to outsource its customer support overseas.
Outsourcing production can reduce operational costs significantly.
Critics argue that outsourcing leads to job losses domestically.
She manages a team that outsources graphic design projects.