balance of payments

Noun

Meaning

a system of recording all of a country's economic transactions with the rest of the world over a period of one year

Source: WordNet

Synonyms

balance of international payments bop accounting current account balance of trade trade deficit trade balance balances of payments external payment balance external payments account revenue and expenditure currency appreciation external payments balance commercial balance account balance
Show all synonyms

Hypernyms

accounting

Examples

So if the euro, if Euroland is to become a reserve center, if the euro is to become a reserve currency, Euroland will have to have a deficit in its overall balance of payments. Robert C. Solomon

The question is not really about a shift to the economic cone where officers are writing about the balance of payments and the need for economic stabilization. Lawrence Eagleburger

a favorable balance of payments exists when more payments are coming in than going out Source: Internet

After years of negative balances, Paraguay achieved a positive balance of payments totaling US$234 million in 2003. Source: Internet

A run on Sterling began with the six-day war and with the closure of the Suez Canal and with the dock strike, the balance of payments deficit grew to a critical level. Source: Internet

During the reference period, the overall balance of payments recorded a deficit of 439.0 million US dollars compared with a deficit of 34.5 million US dollars on account of a relatively low official flows. Source: Internet

Close letter words and terms

balance of international payments balance of mind balance of payment statistics balance of payments data balance of payments statistics balance of power