balance of payments

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

(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

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:

Noun

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 - (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

bilancia dei pagamenti

balance of payments

n → bilancia dei pagamenti

Collins Italian Dictionary 1st Edition © HarperCollins Publishers 1995

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References in periodicals archive

A balance of payments surplus means the Philippine economy is earning more dollars than it is spending, whether for trade and services from abroad or in terms of investments in the financial markets.

$248M in net dollar inflow posted in July

Designed to improve liquidity and stimulate economic growth, the balance of payments support will also help in driving the Malian government's socio-economic development goals, remarked ADFD Director General Mohammed Saif Al Suwaidi after signing the loan agreements with Malian Prime Minister and Minister of Economy and Finance Dr Boubou Cisse in a ceremony held at the ADFD headquarters in Abu Dhabi.

Mali gets $280m Abu Dhabi funding for social housing scheme

The adverse balance of trade accompanied with adverse balance of payments resultantly would have negative impact on the external value of the domestic currency.

Pakistan's economy in-between IMF and FATF trap

It pointed out that Pakistan was again faced with an unsustainable balance of payments crisis and was on the brink of taking another stabilisation programme.

'Pakistan must shift to high value-added exports'

Reliance on a single factor to provide a long-term solution to the balance of payments issue is a risky affair.The growth in exports remains less than desirable.

Government's expectations and ground realities

The spokesman said that Pakistan had already received $3 billion from Saudi Arabia to address balance of payment issue.

Arrangements finalized for signing supply of oil on deferred payments: Finance Ministry

Instruments such as forward swaps and balance of payment support are used by central banks and governments all over the world to strengthen their international reserves.

Funds arranged to improve reserves

Riyadh pledged $6 billion in funding and struck a 12-month deal for a balance of payments lifeline during a visit by Prime Minister Imran Khan.

IMF team concludes Pakistan visit without finalizing a possible bailout

A day before the technical level talks, a statement from Finance Minister Asad Umar set the tone for negotiations in which he claimed that an immediate balance of payments crisis had been 'overcome' with the help of bilateral assistance from China and Saudi Arabia.

Talks with IMF on bailout package get under way

ISLAMABAD -- Finance Minister Asad Umar Tuesday said there was a gap of $12 billion in Pakistan's balance of payments, which was equally filled with the help of Saudi Arabia and China.

Saudi Arabia, China helped end balance-of-payment crisis in Pakistan, says Umar

In these circumstances, the Saudi Arabia's package in the form of $3 billion as balance of payments support for one year and another $3 billion in deferred payments on oil imports for three years would provide crucial breathing space to the economy and help it to move forward towards recovery.

ICCI welcomes Saudi Arabia's bailout package for Pakistan