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 ?
Net inflows in the capital and financial accounts led to a surplus in the overall balance of payments, augmenting foreign exchange reserves by OMR 990 million.
In a press statement, the Bangko Sentral ng Pilipinas said that the country's overall balance of payments position posted a deficit of $404 million in June 2019.
Government's policy measures have resulted in shrinking of trade deficit, decline in imports and increase in exports which augurs well for overall balance of payment of the country.
The finance minister on Friday said the government's policy measures had resulted in shrinking of trade deficit, decline in imports and increase in exports which augurs well for overall balance of payment of the country.
I S L A M A B A D -- Government's policy measures have resulted in shrinking of trade deficit, decline in imports and increase in exports which augurs well for overall balance of payment of the country.
'His presence will have a good impact on the overall balance of the side.'
The company's overall surplus has continued to improve over the past five years and has strengthened its overall balance sheet assessment.
The three Canadian companies' Insurer Financial Strength (IFS) ratings remain very strong, within the 'AA' category, displaying overall balance sheet strength and diversity amongst each company's global operations.
Egypt's overall balance of payments (BOP), which measures Egypt's dealings with other countries, recorded a surplus of $11bn in the first nine months of fiscal year (FY) 2017/18 (July 2017 to March 2018), according to the Central Bank of Egypt's (CBE) report issued on Thursday.
These inflows - from cash remittances, information technology and business process outsourcing (IT-BPO) and tourism - continue to give support to the overall balance of payments (BOP) balance.
For the first time in 27 months, the overall balance of surveyors seeing the supply of new homes growing rather than shrinking has turned positive.