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Repatriate
(redirected from repatriates)

   Also found in: Dictionary/thesaurus 0.01 sec.
repatriate
To bring home assets that are currently held in a foreign country. Domestic corporations are frequently taxed on the profits that they repatriate, a factor inducing the firms to leave overseas the profits earned there.

Repatriate
To bring money or assets to one's home country from abroad. For example, if a businessman moves from France to the United States and becomes a millionaire, then takes his fortune back to France, he is said to repatriate that fortune. Repatriation may have tax consequences, depending on the laws in both the country one is leaving and the home country.


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