- balance of payments
- A statistical compilation formulated by a sovereign nation of all economic transactions between residents of that nation and residents of all other nations during a stipulated period of time, usually a calendar year. Bloomberg Financial Dictionary————The statement which summarises cash inflows and outflows between the United Kingdom and the rest of the world as a result of imports, exports and capital investment. Dresdner Kleinwort Wasserstein financial glossarySee also current account and capital account. Dresdner Kleinwort Wasserstein financial glossary
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balance of payments ˌbalance of ˈpayments noun [singular]ECONOMICS the difference between the amount of money coming into a country, for example in payment for its exports, and the amount of money going out, for example to pay for its imports:• Exports are expected to increase in the current quarter, which would improve Britain's balance of payments.
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A summary record of a country's net international economic transactions including trade, services, capital movements and unilateral transfers.* * *
balance of payments UK US noun [singular]► ECONOMICS the difference between the amount of money a country receives from exports, foreign trade, etc. and the amount it spends on imports, etc. from other countries: »A healthy balance of payments and huge foreign-exchange reserves will allow most Asian countries to finance expensive oil imports for a long time.
»a balance of payments deficit/surplus
Financial and business terms. 2012.