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是指投资者经该国有关部门批准被允许从事境外的证券市场的股票、债券、票据等业务。它是在货币市场没有完全实现可自由兑换、资本项下尚未开放的情况下,有限度地允许境内投资者投资境外市场的一项过渡性的制度安排
Refers to the investors approved by the relevant departments of the country are allowed to engage in overseas securities markets, bonds, notes and other businesses. It is a transitional institutional arrangement that allows domestic investors to invest in overseas markets to a limited extent without the currency market fully realizing its own convertibility and the capital has not yet been opened up