Meaning Of The Word Balance of payments

Real Dictionary
  1. Real Dictionary
  2. B Words Definitions
  3. Section B-023
  4. Balance of payments

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Balance of payments Meaning

Balance of payments Definition
Balance of payments Definition

What's The Definition Of Balance of payments?

balance of payments
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.

balance of payments in British English
noun: 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
noun: 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 servi

balance of payments in Finance
noun: 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.

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