outsourcing definition

outsourcing means an arrangement of any form between an insurance or reinsurance undertaking and a service provider, whether a supervised entity or not, by which that service provider performs a process, a service or an activity, whether directly or by sub-outsourcing, which would otherwise be performed by the insurance or reinsurance undertaking itself;
outsourcing means an arrangement of any form between an investment firm and a service provider by which that service provider performs a process, a service or an activity which would otherwise be undertaken by the investment firm itself;
outsourcing means an arrangement of any form between the Company and a service provider by which that service provider performs a process, a service or an activity which would otherwise be undertaken by the Company itself.

Examples of outsourcing in a sentence

  • Discussion and possible action on Outsourcing Operations of OVTC.

  • Outsourcing to the best e-teachers will increase their income to the point that they can hire computer programmers, cognitive scientists, and others to make really brilliant programs to reach even more people around the world.

  • Outsourcing the operations of existing launch vehicles and satellites through NSIL and capacity building of the private sector to innovate in the space domain independently through IN-SPACe would also be a major stepping stone towards self-reliance in the space domain (Press Information Bureau, 2021), in line with the Prime Minister’s vision of Atmanirbhar Bharat (Self-Reliant India).

  • Outsourcing shall only occur in compliance with the prevailing quality standards.

  • The company HCCM - Outsourcing Investment was merged by incorporation into the company CTT Soluções Empresariais, through the global transfer of the assets of the acquired company to the acquiring company, and subsequent extinction of the incorporated company, with reference to 1 January 2022.


More Definitions of outsourcing

outsourcing means an arrangement of any form between the Company and a service provider by which that service provider performs a process, a service or an activity which would otherwise be undertaken by the Company itself;
outsourcing means any arrangement of any form between an insurer and another person, whether that person is regulated or supervised under any law or not, in terms of which that party performs a function that is integral to the nature of the insurance business that an insurer provides, which would otherwise be performed by the insurer itself in conducting long-term insurance business, and includes rendering services under a binder agreement, but excludes rendering services as intermediary, and “outsourced” has a corresponding meaning;
outsourcing. ’ means an outsourcing arrangement as defined in section 1 of the Financial Sector Regulation Act;
outsourcing means the Company’s use of a third party (either an affiliated entity within a Company group or an entity that is external to the Company group) to perform activities on a continuing basis that would normally be undertaken by the Company itself, now or in the future;
outsourcing means to procure goods or services under contract with an outside supplier.
outsourcing will mean any agreement or arrangement by the Permission Holder, by which production work in respect of programme content and/or advertisements related to that programme are allocated to any other company or agency or any other entity.