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TeachMeFinance.com - explain Foreign operations Foreign operations The term 'Foreign operations' as it applies to the area of energy can be defined as ' These are operations that are located outside the United States. Determination of whether an enterprise's mobile assets, such as offshore drilling rigs or ocean-going vessels, constitute foreign operations should depend on whether such assets are normally identified with operations located outside the United States'. Previous 5 Terms: Foreign Agricultural Service (FAS) Foreign Assignee Program Foreign currency transaction gains and losses Foreign currency translation effects Foreign Market Development Program (FMDP) Next 5 Terms: Foreign-controlled firms (coal) Forensics Forepole Foreshore Foresight About the author Mark McCracken Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English". Copyright © 2005-2011 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional medical, legal or financial advice. Information presented at TeachMeFinance.com is provided on an "AS-IS" basis. Please read the disclaimer for details.