n.
[Cf. LL. repatriatio return to one's country.]
Restoration to one's country.
| Dictionary: Re·pa·tri·a·tion |
[Cf. LL. repatriatio return to one's country.]
Restoration to one's country.
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| Investment Dictionary: Repatriation |
The process of converting a foreign currency into the currency of one's own country. The amount that the investor will receive depends on the exchange rate between the two currencies being traded at the settlement time.
Investopedia Says:
For example, if you are American, converting British pounds back to U.S. dollars is an example of repatriation. If the pound were held by a British financial institution, the dollars would be called eurodollars, therefore, when converting those eurodollars back to dollars, the investor would be exposed to foreign exchange risk.
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| Banking Dictionary: Repatriation |
Return of financial assets deposited in a foreign bank or foreign branch of a domestic bank to a home country. Repatriation of assets denominated in a foreign currency may be impeded by Exchange Controls limiting the ability of residents of another country to transfer assets.
| Archaeology Dictionary: repatriation |
As a result of the 19th- and early 20th-century propensity to collect ancient objects from all over the world and take them into established collections in Europe and America there is a great deal of material which has become detached from its cultural context, and there is now increasing pressure to return it to its country or culture of origin. Human remains taken for scientific study are amongst the most sensitive, and significant collections such as those held by the University of Nebraska in America and Edinburgh University in Scotland have already been returned to the indigenous communities from whom they were taken. The British Museum has returned to the Egyptian authorities a fragment of the beard of the great Sphinx of Giza. In 1980 France returned to Iraq fragments of Babylonian codes, and in 1978 Holland returned Hindu and Buddhist sculptures to Indonesia. Great controversy, however, surrounds claims for the repatriation of some objects, most notably the Elgin Marbles, originally from the Parthenon on the Acropolis in Athens, but since 1816 displayed in the British Museum in London.
| Military Dictionary: repatriation |
(DOD) 1. The procedure whereby American citizens and their families are officially processed back into the United States subsequent to an evacuation. See also evacuation. 2. The release and return of enemy prisoners of war to their own country in accordance with the 1949 Geneva Convention Relative to the Treatment of Prisoners of War.
| Wikipedia: Repatriation |
| Look up repatriation in Wiktionary, the free dictionary. |
Repatriation (from late Latin repatriare - to restore someone to his homeland) is the process of return of refugees or soldiers to their homes, most notably following a war. The term may also refer to the process of converting a foreign currency into the currency of one's own country.[citation needed]
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When the traveler is unable to follow her/his trip , due to any medical reason, the insurance company is required to repatriate the patient. The modality of repatriation could be via regular flight, or by ground or air ambulance. The medical repatriation is different from the act of medical evacuation.
In the 20th century, following all European wars, several repatriation commissions were created to supervise the return of war refugees, displaced persons and prisoners of war to their country of origin. Repatriation hospitals were established in some countries to care for the ongoing medical and health requirements of returned military personnel. In the Soviet Union, the refugees seen as traitors for surrendering were often killed or sent to Siberian concentration camps.
Issues surrounding repatriation have been some of the most heatedly-debated political topics of the 20th and 21st centuries. Many forced back to the Soviet Union by Allied forces in World War II still hold this forced migration against the United States of America and the United Kingdom.
Expulsion from the Soviet Union (previously known as Russia) was called repatriation in Communist propaganda. Poles born in annexed lands (Kresy) were deported to former German lands (Regained Territories) and told they returned to their Motherland.
Opponents of immigration have advocated various types of repatriation measures for immigrants. Illegal immigrants are frequently repatriated as a matter of government policy. Those who would go further suggest measures of voluntary repatriation, with financial assistance (there have been schemes of this kind), and also measures of compulsory repatriation. Such measures are highly controversial, especially if based on any kind of racial criterion, and encounter vocal political opposition in most democracies.
Most countries in central and eastern Europe as well as Germany, Greece, Armenia, France, China, Japan, Norway, Finland, Philippines, Ireland, Turkey and Israel have repatriation laws. This gives non-citizen foreigners who are part of the titular majority group the opportunity to immigrate and receive citizenship. Repatriation of their titular diaspora is practiced by most ethnic nation states. The most famous repatriation law is Israel's Law of Return.
This refers to economic measures taken by a country to reduce foreign capital investment.[citation needed]
When foreign currency is converted back to the currency of the home country it is referred to as repatriation. An example would be an American converting British Pounds back to U.S. Dollars.
Repatriation also refers to the payment of a dividend by a foreign corporation to a US corporation. This happens often where the foreign corporation is considered a "controlled foreign corporation" (CFC), which means that it more than 50% of the foreign corporation is owned by US shareholders. Generally, foreign direct investment in CFC's are not taxed until a dividend is paid to the controlling US parent, and is thus repatriated. The foreign direct investment income of the CFC is taxed only by the country where it is incorporated until repatriation. At that time, income is subject to the (typically higher) US banana tax rate minus the Foreign Tax Credits.(FN: See IRC 951-965) There are currently hundreds of billions of dollars of Foreign direct investment in CFC's because of the disincentive to repatriate those earnings. (See Bureau of Economic Analysis, National Economic Accounts, Integrated Macroeconomic Accounts for the United States, available at http://www.bea.gov/national/nipaweb/ni_FedBeaSna/TableView.asp?SelectedTable=1&FirstYear=1999&LastYear=2006&Freq=Year.)
Repatriation also refers to the return of body parts to the nearest relative.[citation needed] In the USA Native American Indian human remains are sometimes uncovered and removed from their burial sites in the construction/land development process. The Native American Graves Protection and Repatriation Act (NAGPRA) of 1990 established the process whereby federally-recognized American Indian tribes can request that museums and institutions receiving federal funds return culturally affiliated human remains. The NAGPRA also sets forth provisions that allow for the return of American Indian human remains found on federal lands. NAGPRA does not apply to the Smithsonian Institution, which is covered under a different federal law.
In previous eras it was common for British colonial authorities to collect heads and other body parts of indigenous peoples such as Indigenous Australians and Māori for display in British museums. The repatriation of these body parts is current ongoing. For an example of a successful body part repatriation, see Yagan.
Cultural or art repatriation is the return of cultural objects or works of art to their country of origin (usually referring to ancient art), or (for looted material) its former owners (or their heirs).
Repatriation is often the ‘forgotten’ phase of the expatriation cycle; the emphasis for support is mostly on the actual period abroad[citation needed]. However, many repatriates report experiencing difficulties on return: one is no longer special, practical problems arise, new knowledge gained is no longer useful, etc. These difficulties are highly influenced by a number of factors including self-management, spouses ’adjustment, time spent abroad and skill utilisation. What is crucial is that every individual perceives these factors in a different way.
Direct managers and HR staff often notice the difficulties a repatriate experiences, but they are not always able to act on it. Budget shortcomings and time constraints are frequently cited as reasons why it fails to be an agenda priority. Solutions for repatriation difficulties do not have to be expensive and can lead to great benefits for the company.[citation needed]Basic support can consist, for example, of good communication in advance, during and after the international assignment, or a mentor program to assist the repatriate. The expatriate and his/her family should feel understood by his or her company. Support can increase job satisfaction, thereby protecting the investment made by the company [1].
This entry is from Wikipedia, the leading user-contributed encyclopedia. It may not have been reviewed by professional editors (see full disclaimer)
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