21st Century Student FinLit -Getting Personal SW

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WHAT DOES THAT MEAN?

TERM

DEFINITION

cross-cultural competence

the knowledge, skills, and motivation that enable individuals to adapt effectively in cross- cultural environments. “EEA”; countries of the European Union plus Iceland, Liechtenstein and Norway, which allow free movement of goods, capital, services and people between member states. “expat”; a person temporarily or permanently residing in a country other than that of their upbringing. documentation proving that a person entering a country to work or study has a means of independent financial support.

European Economic Area

expatriate

financial sponsorship

international health insurance

health insurance that can be used while traveling or living abroad.

multinational company “MNC”; a company that has its headquarters in one country and assets or offices in at least one country other than its home country. Non-Governmental Organization “NGO”; a non-profit local, national or international organization supporting humanitarian causes or human rights. passport a document issued to a country’s citizens for international travel and identification, used to verify country of citizenship and regain entry into their country of citizenship. Schengen Area European Union countries, plus Norway, Iceland, Switzerland, and Lichtenstein that allow employment and movement of their citizens within those countries as if they were a single country. PRODUCT PREVIEW Schengen Visa document issued by the appropriate authorities to citizens of non-Schengen countries for travel to and within the Schengen Zone. shortage occupation skills that are needed to fill labor shortages within a country. student visa a special endorsement added to a passport allowing a student to enter a country for a limited period of time to study at a qualified educational institution. an endorsement placed on a passport granting the passport holder official permission to enter, leave or stay in a country for a specified time period. a work permit is a legal document issued by a government that allows a non-citizen to work in the country for a specific company. visa work visa

Access vocab ashcards at www.c21publishing.com

Chapter 6 | The Global Employee 100

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