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COUNTRY RISK Definition

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COUNTRY RISK is the risk a depositor takes when placing funds on deposit outside the United States. The host country where the funds are domiciled may decree that no fund may be expatriated, or sent out of that country, until the decree is lifted.

 

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RI is Residual Income.

GARNISH is to take a debtors wages under a legal order, e.g. for child support or an IRS tax liability.


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