global
Definition
Pertaining to the entire globe rather than a specific region or country. Often used interchangeably with the term international, with one exception being in regards to mutual funds. When dealing with mutual funds, a global fund pertains to the entire world, while an international fund deals with all countries except the United States. Also called worldwide
Featured Tip
When the U.S. dollar is weak, this makes international companies' goods suddenly seem more expensive to Americans, who account for more than 30% of global consumption. If U.S. buyers snap up fewer imports, those overseas countries' economies end up taking the hit. (quoted from November 2004)
Additional Tip(s)
News containing the term global
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