noun
a system of recording all of a country's economic transactions with the rest of the world over a period of one year (Freq. 1)
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a favorable balance of payments exists when more payments are coming in than going out
• Hypernyms: ↑accounting
• Part Meronyms: ↑capital account, ↑current account
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also balance of international payments : a summary of the international transactions of a country or region over a period of time including commodity and service transactions, capital transactions, and gold movements
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the difference between a nation's total payments to foreign countries, including movements of capital and gold, investments, tourist spending, etc., and its total receipts from foreign countries.
[1835-45]
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balance of payments
The difference over a stated period between a nation's total receipts (in all forms) from foreign countries and its total payments to foreign countries
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Main Entry: ↑balance
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the difference between the amount of money a country pays to foreign countries and the amount it receives from them
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balance of payments,
the net amount of money when all business between one country and another for a given period of time is balanced, including imports, exports, investments, grants, and tourist expenditures.
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the difference in total value between payments into and out of a country over a period
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noun [singular]
: the difference between the amount of money that a country spends and the amount it earns
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the difference between the amount a country pays for imports and the amount it receives for exports in a particular period of time
Useful english dictionary. 2012.