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

Gross profit margin

Gross profit divided by sales, which is equal to each sales dollar left over after paying for the cost of goods sold.

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