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

BALANCE OF PAYMENTS (BOP)

\bˈaləns ɒv pˈe͡ɪmənts bˈɒp], \bˈaləns ɒv pˈe‍ɪmənts bˈɒp], \b_ˈa_l_ə_n_s ɒ_v p_ˈeɪ_m_ə_n_t_s__ b_ˈɒ_p]\

Definitions of BALANCE OF PAYMENTS (BOP)

1910 - Black's Law Dictionary (2nd edition)

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Accounts for international transactions. There is no surplus or defecit. There are three types current, capital, and gold accounts. It shows the countries strength and weakness.

1910 - Black's Law Dictionary (2nd edition)
By Henry Campbell Black

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