outsource – v : to contract with an outside service provider to handle a certain business function for a company; typically considered with non-core functions

Example: Functions frequently outsourced by companies include IT acquisition and administration/support, manufacturing, packing/shipping/order fulfillment, and various human resources functions such as payroll processing and benefits administration.

------------------------------------------------------------
Adapted from "The CompanyCrafters Entrepreneur's Dictionary"
Copyright © 2004-2006 CompanyCrafters LLC