balance of payments

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Related to Balance of Payment: balance of trade, current account

balance of payments

n.
A systematic record of a nation's total payments to foreign countries, including the price of imports and the outflow of capital and gold, along with the total receipts from abroad, including the price of exports and the inflow of capital and gold.

balance of payments

n
(Economics) the difference over a given time between total payments to foreign nations, arising from imports of goods and services and transfers abroad of capital, interest, grants, etc, and total receipts from foreign nations, arising from exports of goods and services and transfers from abroad of capital, interest, grants, etc

bal′ance of pay′ments


n.
the difference between a nation's payments to foreign countries and its receipts from foreign countries.

balance of payments

A country’s balance of payments is the difference between the amount it receives for its exports and the amount it pays to other countries for its imports. The balance of payments is divided into: visible items, which are goods, e.g. cars, coffee, oil; and invisible items which are services, e.g. banking, insurance, shipping.
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.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"
accounting - a system that provides quantitative information about finances
capital account - (economics) that part of the balance of payments recording a nation's outflow and inflow of financial securities
current account - that part of the balance of payments recording a nation's exports and imports of goods and services and transfer payments
Translations
References in periodicals archive ?
5 billion in the country's balance of payment in 2007, or down 13.
The IMF's Rapid Credit Facility (RCF) and Rapid Financing Instrument (RFI) are available to provide financing to Fund members facing urgent balance of payment needs, including those stemming from natural disasters.
Summary: Lebanon's balance of payment deficit increased by more than 130 percent in the first 11 months of 2015 to $3 billion, due to the sharp fall in capital inflows and contraction in the trade deficit, recent statistics showed.
Pakistani economy has always been facing a negative balance of payment in a shape of import, export, foreign exchange reserves, Foreign Direct Investment.
According to official sources Pakistan was under pressure for balance of payment position and the release of the CSF of US $ 688 million would help ease the balance of payment position.
Volume one of the annual series provides balance of payment data for 177 countries presented in two tables.
46 billion in balance of payments in the third quarter, the first negative balance in three years that helped reduce the surplus in the balance of payment to US$6.
At present the balance of payment deficit is the highest since records began and there is very little mention of this in the popular press and media.
If the readers can live with these problems in the model then they can enjoy this paper, as it proceeds through elegant substitutions to get to the reduced form Balance of Payment Surplus Equation (12).
KARACHI -- State Bank of Pakistan (SBP) has initiated transition towards disseminating the balance of payments of Pakistan on the basis of methodology set out in 6th edition of IMF's Balance of Payment and International Investment Position Manual (BPM6) beginning with July 2013.
The central bank said that it faced two main challenges in reaching a policy decision, "to manage the balance of payment position and to contain the possible increase in inflation.
State Bank of Pakistan Governor Yaseen Anwar said that revenue, balance of payment and credit to private sector are major challenges to the economy.

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