BALIKBAYAN

root words: balik + bayan


balikbayan
"returning to country"
a Filipino returning to the Philippines, especially after having lived overseas for an extended period of time



balikbayan box
a cardboard box filled with gifts; sent by a Filipino living overseas to his family and friends back in the Philippines




slang from the eighties:

balikbayan
someone who's in and out of jail



A related Tagalog word is pasalubong.