Net Foreign Assets

In economics, the concept of net foreign assets relates to balance of payments identity.

The net foreign asset (NFA) position of a country is the value of the assets that country owns abroad, minus the value of the domestic assets owned by foreigners. The net foreign asset position of a country reflects the indebtedness of that country.

Read more about Net Foreign Assets:  The Traditional Balance of Payments Identity, The Augmented Balance of Payments Identity, See Also

Famous quotes containing the words net and/or foreign:

    The violent illiteracies of the graffiti, the clenched silence of the adolescent, the nonsense cries from the stage-happening, are resolutely strategic. The insurgent and the freak-out have broken off discourse with a cultural system which they despise as a cruel, antiquated fraud. They will not bandy words with it. Accept, even momentarily, the conventions of literate linguistic exchange, and you are caught in the net of the old values, of the grammars that can condescend or enslave.
    George Steiner (b. 1929)

    For my name and memory I leave it to men’s charitable speeches, and to foreign nations, and the next ages.
    Francis Bacon (1561–1626)