What is the definition of Balance of payments? | Dictionary.net

BALANCE OF PAYMENTS

\bˈaləns ɒv pˈe͡ɪmənts], \bˈaləns ɒv pˈe‍ɪmənts], \b_ˈa_l_ə_n_s ɒ_v p_ˈeɪ_m_ə_n_t_s]\

Definitions of BALANCE OF PAYMENTS

2006 - WordNet 3.0
2011 - English Dictionary Database

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a system of recording all of a country's economic transactions with the rest of the world over a period of one year; "a favorable balance of payments exists when more payments are coming in than going out"

2006 - WordNet 3.0
By Princeton University

a system of recording all of a country's economic transactions with the rest of the world over a period of one year; "a favorable balance of payments exists when more payments are coming in than going out"

2011 - English Dictionary Database
By DataStellar Co., Ltd

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