Outsourcing | Practical Law

Outsourcing | Practical Law

Outsourcing

Outsourcing

Practical Law UK Glossary 1-107-6951 (Approx. 2 pages)

Glossary

Outsourcing.

A transaction in which an organisation that previously provided services using its own internal resources (in the form of employees and assets) transfers the whole or some part of those internal resources to an external supplier on terms that it will purchase services from that supplier for a defined period.