balance of payments

balance of payments
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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balance of payments UK US noun [singular] economics
the difference between the amount of money a country pays to foreign countries and the amount it receives from them
Thesaurus: international tradehyponym general words for the activity of buying and sellinghyponym

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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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ˌbalance of ˈpayments [balance of payments] noun singular
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.

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Look at other dictionaries:

  • balance of payments — ► balance of payments the difference in total value between payments into and out of a country over a period. Main Entry: ↑balance …   English terms dictionary

  • balance of payments — n [singular] the difference between what a country spends in order to buy goods and services abroad, and the money it earns selling goods and services abroad …   Dictionary of contemporary English

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  • Balance of payments — In economics, the balance of payments, (or BOP) measures the payments that flow between any individual country and all other countries. It is used to summarize all international economic transactions for that country during a specific time period …   Wikipedia

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  • balance of payments — balances of payments N COUNT: usu sing A country s balance of payments is the difference, over a period of time, between the payments it makes to other countries for imports and the payments it receives from other countries for exports. Britain s …   English dictionary

  • balance of payments — The accounts setting out a country s transactions with the outside world. They are divided into various sub accounts, notably the current account and the capital account. The former includes the trade account, which records the balance of imports …   Big dictionary of business and management

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