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What does subcontracts mean?

Looking for the meaning or definition of the word subcontracts? Here's what it means.

Verb
  1. Third-person singular simple present indicative form of subcontract
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Examples
Most of America's and Europe's textile industry, for instance, subcontracts work to outside firms in China, Vietnam and Bangladesh.
The then board of Purity Manganese decided to suspend mining operations until ore had been sold, accordingly all subcontracts were terminated.
Various subcontracts were modified, including the personnel support services subcontract.
There is also the issue of astronomical subcontracts, which are not subject to any controls.
The company currently subcontracts double-glazing work but plans to invest in machinery so the work can be done in-house.
All the contracts are there, all the subcontracts are there, all the budgets are there.

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