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More than any other general, William T. Sherman recognized:
Foreign Direct Investment
An investment made by a company or individual in one country in business interests in another country, in the form of establishing business operations or acquiring business assets.
Foreign Portfolio Investment
Investments in foreign countries' securities, such as stocks and bonds, without control over the management of those entities.
Net Capital Outflow
The difference between a nation's savings and its investment, representing the amount of domestic capital invested abroad minus the foreign capital invested domestically.
Pound Sterlings
The official currency of the United Kingdom, commonly known as the pound and denoted by GBP, which is one of the world's major currencies.
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