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.

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 ?
BEIRUT: Lebanon's balance of payments registered a deficit of $1.
The overall balance of payments position in the Sultanate indicated a surplus of RO 429 million during 2014 leading to a rise in foreign exchange reserves of Oman by the same amount.
In its statement the Bank of Israel said, "The Bank of Israel projects that the overall effect of natural gas production on the balance of payments in 2015 will be $3.
The National Bank changed its outlook on trade and balance of payments for this period, projecting the decline in export earnings (down 8.
The analysis of the balance of payments by sectors shows that as in previous years, in 2013, foreign trade operations in the oil and gas sector had a positive balance, whilst the non-oil sector went into the red.
Pakistani economy has always been facing a negative balance of payment in a shape of import, export, foreign exchange reserves, Foreign Direct Investment.
The Arab Monetary Fund is an inter-governmental regional Arab financial organization, aiming to help correct any disequilibria in the balance of payments of member countries, promoting stability of exchange rates among Arab currencies and the development of Arab financial markets as well as coordinating the positions of member states in dealing with international monetary and economic problems and settling any current payment issues between the member states in order to promote trade among them.
The IMF said that executive directors noted that Pakistan's economic vulnerabilities and crisis risks are high, with unsustainable fiscal and balance of payments positions, the report said.
The detail of major changes in the balance of payments accounts is available in the revision study at this link: .
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$6.
Keynesian and monetarist theories dominate macro-economics in general and balance of payments theories in particular.
Indonesia recorded a balance of payments surplus of US$ 11.

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