DEFINITION of 'United States Agency For International Development - USAID'

A U.S. government organization that provides aid to foreign countries. The United States Agency For International Development's (USAID) goal is to foster economic growth and advancements in agriculture, trade, global health, democracy and humanitarian assistance for foreign countries. Some examples of the type of assistance USAID provides are: small-enterprise loans, technical assistance, food and disaster relief, and training and scholarships.


BREAKING DOWN 'United States Agency For International Development - USAID'

USAID works in 100 developing countries spanning the globe in areas such as sub-Saharan Africa, Asia, Near East, Latin America, the Caribbean, Europe and Eurasia. USAID tries to provide aid through partnerships with companies and other organizations, and has contracts with over 3,500 countries and more than 300 volunteer organizations.

RELATED TERMS
  1. U.S. Agency for International Development ...

    An independent federal agency of the United States that provides ...
  2. Foreign Aid

    Foreign aid is money that one country voluntarily transfers to ...
  3. The World Bank

    An international organization dedicated to providing financing, ...
  4. Emerging Market Fund

    A mutual fund or exchange-traded fund that invests the majority ...
  5. Foreign Debt

    An outstanding loan that one country owes to another country ...
  6. World Bank Group

    Five international organizations dedicated to providing financial ...
Related Articles
  1. Insights

    Can The IMF Solve Global Economic Problems?

    The IMF is an important tool to help struggling countries, but it's not without its problems.
  2. Insights

    What Is The World Bank?

    You've heard of the World Bank, now find out how it functions and why some groups oppose it.
  3. Insights

    World Bank Data For Dummies

    Developing countries can't always afford to track the data crucial to setting the right economic policies and programs. That's where the World Bank steps in.
  4. Managing Wealth

    Evaluating Country Risk For International Investing

    Investing overseas begins with determining the risk of the country's investment climate.
  5. Investing

    How Globalization Affects Developed Countries

    The increase in communications technology has companies competing in a global market.
  6. Financial Advisor

    3 ETF Strategies for Growth in EURASIA for 2016

    Learn about three ETFs for investment into the countries of Eurasia and how conditions in China and Europe require a cautious investment approach.
  7. Investing

    What is the International Monetary Fund?

    The International Monetary Fund fosters global monetary cooperation and sustainable economic growth.
  8. Insights

    An Introduction To The International Monetary Fund (IMF)

    Chances are you've heard of the IMF. But what does it do, and why is it so controversial?
  9. Insights

    5 Economic Effects Of Country Liberalization

    Liberalization provides new opportunities for diversification and profit.
  10. Trading

    6 Factors That Influence Exchange Rates

    An in depth look at out how a currency's relative value reflects a country's economic health and impacts your investment returns.
RELATED FAQS
  1. What is the difference between International Monetary Fund and the World Bank?

    Learn about the International Monetary Fund and the World Bank and how they are differentiated by their respective functions ... Read Answer >>
  2. What nations are actively recruiting FDI (foreign direct investments)?

    Understand the concept of foreign direct investments, and learn which countries most enthusiastically pursue investments ... Read Answer >>
  3. What does it mean when a country has little activity in its capital account?

    Know what a country's capital account represents and understand what the implications are if a country has little activity ... Read Answer >>
  4. How do externalities affect equilibrium and create market failure?

    Learn about the responsibilities of the International Monetary Fund and its functions regarding the international monetary ... Read Answer >>
  5. What economic indicators are most used when forecasting an exchange rate?

    Discover what economic indicators are most widely used to forecast a country’s exchange rate and how various factors influence ... Read Answer >>
  6. What is foreign exchange?

    Foreign exchange, or Forex, is the conversion of one country's currency into that of another. In a free economy, a country's ... Read Answer >>
Hot Definitions
  1. Cover Letter

    A written document submitted with a job application explaining the applicant's credentials and interest in the open position. ...
  2. 403(b) Plan

    A retirement plan for certain employees of public schools, tax-exempt organizations and certain ministers. Generally, retirement ...
  3. Master Of Business Administration - MBA

    A graduate degree achieved at a university or college that provides theoretical and practical training to help graduates ...
  4. Liquidity Event

    An event that allows initial investors in a company to cash out some or all of their ownership shares and is considered an ...
  5. Job Market

    A market in which employers search for employees and employees search for jobs. The job market is not a physical place as ...
  6. Yuppie

    Yuppie is a slang term denoting the market segment of young urban professionals. A yuppie is often characterized by youth, ...
Trading Center