balance of payments

balance of payments
The record of a country’s economic transactions with other countries and with international institutions. The balance of payments is normally analyzed into a current account that records trading transactions and a capital account that records transactions relating to *long-term assets and liabilities.

Auditor's dictionary. 2014.

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  • balance of payments — ► balance of payments the difference in total value between payments into and out of a country over a period. Main Entry: ↑balance …   English terms dictionary

  • balance of payments — n [singular] the difference between what a country spends in order to buy goods and services abroad, and the money it earns selling goods and services abroad …   Dictionary of contemporary English

  • balance of payments — noun singular the difference between the amount of money a country pays to foreign countries and the amount it receives from them …   Usage of the words and phrases in modern English

  • Balance of payments — In economics, the balance of payments, (or BOP) measures the payments that flow between any individual country and all other countries. It is used to summarize all international economic transactions for that country during a specific time period …   Wikipedia

  • balance of 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) a favorable balance of payments exists when more payments are coming in than going out • Syn: ↑balance of… …   Useful english dictionary

  • balance of payments — 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. [1835 45] * * * Systematic record of all economic… …   Universalium

  • 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. The New York Times Financial… …   Financial and business terms

  • 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… …   Financial and business terms

  • balance of payments —    Spain s balance of payments shows the usual cycle of oscillations between surplus years and deficit years. From the early 1960s to the early 1970s there was generally a surplus. But Spain s dependence on imported oil changed the situation… …   Encyclopedia of contemporary Spanish culture

  • balance of payments — balances of payments N COUNT: usu sing 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. Britain s …   English dictionary

  • balance of payments — The accounts setting out a country s transactions with the outside world. They are divided into various sub accounts, notably the current account and the capital account. The former includes the trade account, which records the balance of imports …   Big dictionary of business and management

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