bal•ance of pay•ments
We found 3 definitions of balance of payments from 2 different sources.
Noun |
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balance of payments - a system of recording all of a country's economic transactions with the rest of the world over a period of one year; "a favorable balance of payments exists when more payments are coming in than going out" | ||
balance of international payments | ||
accounting a system that provides quantitative information about finances | ||
capital account (finance) an account of the net value of a business at a specified date |