The company is considering contracting out meter reading.
contract sth out to sb »We do 90% percent of our maintenance in-house and do not contract it out to outside maintenance providers.
Financial and business terms. 2012.
job sth out — UK US job sth out Phrasal Verb with job({{}}/dʒɒb/ verb [I] (also contract sth out) ► WORKPLACE to employ a person or organization to do particular work for you: »Several banks are bringing IT work back in house that would normally be jobbed out … Financial and business terms
contract something out (to somebody) — conˌtract sthˈout (to sb) derived to arrange for work to be done by another company rather than your own Main entry: ↑contractderived … Useful english dictionary
set sth out — UK US set sth out Phrasal Verb with set({{}}/set/ verb (setting, set, set) (FORMAL set sth forth) ► to give the details of something or to explain it in a clear, organized way, especially in writing: »set out plans/goals/proposals » … Financial and business terms
serve sth out — UK US serve sth out Phrasal Verb with serve({{}}/sɜːv/ verb ► HR to keep working until after the end of an agreed period of time: »He served out his contract after he d given notice … Financial and business terms
put sth out to contract — ► WORKPLACE if an organization, government, etc. puts something out to contract, they allow different companies to compete to provide a service or do a job for them: »One way to make the process more efficient would be to put it out to contract.… … Financial and business terms
buy sth out — UK US buy sth/sb out Phrasal Verb with buy({{}}/baɪ/ verb (bought, bought) ► FINANCE to buy a part of a company or building from someone else so that you own all of it: »The bank announced that it wanted to buy out the publicly owned shares of… … Financial and business terms
ˌiron sth ˈout — phrasal verb to remove the last difficulties in order to solve a problem We have to iron out the final details of the contract.[/ex] … Dictionary for writing and speaking English
buy sb/sth out — UK US buy sth/sb out Phrasal Verb with buy({{}}/baɪ/ verb (bought, bought) ► FINANCE to buy a part of a company or building from someone else so that you own all of it: »The bank announced that it wanted to buy out the publicly owned shares of… … Financial and business terms
contract — a legally binding agreement between two or more parties. Glossary of Business Terms A legally enforceable agreement between two or more parties for performing, or refraining from performing, some specified act; e.g., delivering 5,000 bushels of… … Financial and business terms
Contract — A term of reference describing a unit of trading for a financial or commodity future. Also, the actual bilateral agreement between the buyer and seller of a transaction as defined by an exchange. The New York Times Financial Glossary * * * ▪ I.… … Financial and business terms
