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 ?
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.
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.
The adverse balance of trade accompanied with adverse balance of payments resultantly would have negative impact on the external value of the domestic currency.
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.
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.
The spokesman said that Pakistan had already received $3 billion from Saudi Arabia to address balance of payment issue.
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.
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.
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.
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.
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.

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