Foreign corporation

Definition:

A corporation conducting business in another country from the one it is chartered in and that abides by the laws of another country. See: Alien corporation.

Investing Essentials


Copyright © 2011 Campbell R. Harvey, Professor of Finance, Fuqua School of Business at Duke University

Term of the Day

Bundling, unbundling

Creation of securities either by combining primitive and derivative securities into one composite hybrid or by separating returns on an asset into classes.

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