nearshore

adjective
UK: /ˈnɪərʃɔː/
US: /ˈnɪrʃɔːr/

  1. Located or operating in a country near to the company's home country, often sharing a border or time zone.

    1. Our company decided to use nearshore services to reduce costs.
    2. Many businesses find nearshore outsourcing more manageable than sending operations overseas due to the smaller time difference.
nearshore noun

  1. The practice of outsourcing business processes to a geographically close country.

    1. Nearshore is a popular choice for European companies.
    2. The benefits of nearshore include cultural affinity and easier communication.
nearshore verb

  1. To outsource work to a nearby country.

    1. We plan to nearshore some of our customer service operations.
    2. The company decided to nearshore its IT department to Poland to improve efficiency.

Frequently Asked Questions

The phonetic transcription of "nearshore" is /ˈnɪərʃɔː/ in British English and /ˈnɪrʃɔːr/ in American English. Click the 🔊 button to hear both pronunciations.

Example usage of "nearshore": "Our company decided to use nearshore services to reduce costs.". More examples on the page.