balance of international payments


balance of international 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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Useful english dictionary. 2012.

Look at other dictionaries:

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