balance of payments


Also found in: Thesaurus, Medical, Financial, Acronyms, Encyclopedia, Wikipedia.

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 ?
Fresh borrowing from the International Monetary Fund (IMF) for fixing balance of payments problems ahead of the elections is politically out of question.
More fundamentally, the typical case for German fiscal stimulus reflects economists' failure to appreciate the potentially dominant role of financial flows on the balance of payments.
The head of the CBA noted that the macroeconomic reforms held since late 2014 aimed at diversifying the economy, as well as increase in oil prices, have ensured improvement of Azerbaijan's balance of payments.
The theoretical relationship of the three balances in the Balance of Payments is "Current Account + Capital Account - Financial Account = 0".
Eesti Pank publishes the balance of payments yearbook each autumn for the previous year.
Mian Zahid Hussain said that the situation will lead to the serious balance of payments crisis as the annual current account deficit may surpass the mark of sixteen billion dollars.
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.
We view the Philippines' pivot toward China as a net positive for 2017 GDP [gross domestic product] and balance of payments, as it will help bring in more FDI [foreign direct investment] and tourism from China in 2017 with political drags removed,' Credit Suisse said.
The new investment commitment from Saudi Arabia comes at a time when Egypt is facing widening balance of payments deficit and increasing pressure on its currency.
For comparison: in 2014 the current account surplus of Azerbaijan's balance of payments amounted to $10.
The report explained that the decline in the trade deficit over the period did not lead to an improvement in the balance of payments.
This paper analyses the balance of payments constraint in the Argentine economy in the period 2002-2011.

Full browser ?