repatriate
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Repatriation
The act of an individual or company bringing foreign capital into a home country and converting it to the domestic currency. Generally speaking, an individual who repatriates capital is usually converting foreign earnings into his/her home country's currency, perhaps in the process of moving back to the home country after having a job abroad. A company that repatriates capital is usually bringing over the returns on foreign investment. Repatriation can expose the individual or company to foreign exchange risk.
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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.
Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.