FOREIGN AID Meaning and
Definition
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Foreign aid is a term used to describe financial, technical, or other types of assistance provided by one country to another country. It involves the transfer of resources from developed or more prosperous nations to less developed or struggling nations to support their economic development, improve their standard of living, or address specific needs.
This type of aid can take various forms, including grants, loans, debt relief, technical expertise, commodities, infrastructure development, and humanitarian assistance. The objective of foreign aid is often to enhance the recipient country's capacity for sustainable development, alleviate poverty, promote socio-economic progress, strengthen political stability, or foster international cooperation and goodwill.
Foreign aid can be categorized into two main types: bilateral aid and multilateral aid. Bilateral aid refers to assistance given directly from one country to another, while multilateral aid involves contributions made through international organizations or institutions, such as the United Nations, World Bank, or regional development banks.
Foreign aid can be a crucial tool for supporting developing nations in their efforts to overcome challenges such as poverty, inadequate healthcare, lack of education, environmental degradation, and insufficient infrastructure. However, it is a subject of ongoing debate and scrutiny due to concerns regarding its effectiveness, potential dependency on aid, corruption, and potential interference in recipient countries' internal affairs. Various countries and international organizations have established guidelines, criteria, and monitoring mechanisms to ensure that foreign aid is used appropriately and efficiently to achieve its intended goals.
Common Misspellings for FOREIGN AID
- doreign aid
- coreign aid
- voreign aid
- goreign aid
- toreign aid
- roreign aid
- fireign aid
- fkreign aid
- flreign aid
- fpreign aid
- f0reign aid
- f9reign aid
- foeeign aid
- fodeign aid
- fofeign aid
- foteign aid
- fo5eign aid
- fo4eign aid
- forwign aid
Etymology of FOREIGN AID
The word "foreign aid" is comprised of two parts: "foreign" and "aid".
- "Foreign" comes from the Middle English word "forein", which entered English in the 13th century. It originated from the Old French word "froien", meaning "outside", or "external". The Old French term itself derived from the Latin word "foris", which means "out of doors" or "beyond".
- "Aid" originated from the Old French word "aide", which means "help" or "assistance". The Old French term can be traced back to the Latin word "adjutare", meaning "to give help or support", which comes from the verb "juvare", meaning "to help" or "to assist".
When these two words are combined, "foreign aid" refers to the assistance provided from one country or organization to another.
Similar spelling words for FOREIGN AID
- foregone,
- foreign legion,
- foreign-born,
- foreign draft,
- foreign policy,
- foreseen,
- foreign bill,
- foreigner,
- foreignness,
- foreign agent,
- foreign office.
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