Law Dictionary Definitions

Foreign Intelligence Surveillance Court.See UNITED STATES FOREIGN INTELLIGENCE SURVEILLANCE COURT .[Blacks Law 8th]

foreign guardian.See GUARDIAN.[Blacks Law 8th]

foreign exchange. 1. The process of making international monetary transactions; esp., the conversion of one currency to that of a different country. 2. Foreign currency or negotiable instruments payable in foreign currency, such as traveler’s checks.[Blacks Law 8th]

foreign-exchange rate.The rate at which the currency of one country is exchanged for the currency of another country.[Blacks Law 8th]

foreign-exchange market.See MARKET.[Blacks Law 8th]

foreigner. 1.Hist. A person not an inhabitant of a particular city under discussion. 2. A citizen of another country.[Blacks Law 8th]

foreign-earned-income exclusion.The Internal Revenue Code provision that excludes from taxation a limited amount of income earned by nonresident taxpayers outside the United States. • The taxpayer must elect between this exclusion and the foreign tax credit. IRC (26 USCA) § 911(a), (b). See foreign tax credit under TAX CREDIT. [Cases: Internal Revenue 4095–4122. C.J.S. Internal…

foreign draft.See DRAFT.[Blacks Law 8th]

foreign dominion.Hist. A country that at one time was a foreign state but that by conquest or cession has come under the British Crown.[Blacks Law 8th]

foreign domicile.See DOMICILE.[Blacks Law 8th]