Definition of Shared service

1. Noun. An internal business organization which provides support services which are "shared" across multiple business units or functions. ¹

2. Noun. A virtual or physical team whose process expertise is shared across multiple business units or functions, (rather than duplicating staff in each business unit) to execute business processes, in a consistent manner, for optimal resource efficiency, cost and service performance. ¹

¹ Source: wiktionary.com

Lexicographical Neighbors of Shared Service

sharebones
sharebroker
sharebrokers
sharecrop
sharecrop farmer
sharecropped
sharecropper
sharecroppers
sharecropping
sharecrops
shared
shared out
shared paranoid disorder
shared psychotic disorder
shared service (current term)
shareholder
shareholders
shareholders' derivative action
shareholders' derivative actions
shareholders' meeting
shareholding
shareholdings
sharehouse
sharehouses
shareland
sharelands
shareman
sharemarket
sharemarkets

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