Profit repatriation
Bringing money earned abroad back to the owner's country — as dividends, interest or sale proceeds.
How to read the number
For an investor this is the last mile: a right to a dividend is worth nothing if the payment cannot travel the chain of banks and depositaries.
When the metric lies
The obstacle need not sit in the issuer's country at all — it can stand in the jurisdiction of a correspondent bank or of a depositary further up the chain.
Also known as: repatriation of earnings