balance of payments

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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.
American Heritage® Dictionary of the English Language, Fifth Edition. Copyright © 2016 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

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
Collins English Dictionary – Complete and Unabridged, 12th Edition 2014 © HarperCollins Publishers 1991, 1994, 1998, 2000, 2003, 2006, 2007, 2009, 2011, 2014

bal′ance of pay′ments


n.
the difference between a nation's payments to foreign countries and its receipts from foreign countries.
Random House Kernerman Webster's College Dictionary, © 2010 K Dictionaries Ltd. Copyright 2005, 1997, 1991 by Random House, Inc. All rights reserved.

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.
Dictionary of Unfamiliar Words by Diagram Group Copyright © 2008 by Diagram Visual Information Limited
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
Based on WordNet 3.0, Farlex clipart collection. © 2003-2012 Princeton University, Farlex Inc.
Translations

balance of payments

nbilancia dei pagamenti
Collins Italian Dictionary 1st Edition © HarperCollins Publishers 1995
References in periodicals archive ?
Lastly, the vicious circle of larger fiscal deficits, debts, debt service payments, balance of payments deficit, increase in money supply, consequent inflation, and continuous rupee depreciation to maintain the competitiveness of exports in the face of internal inflation has become an almost built-in feature of the financial scenario of Pakistan in recent years.