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Definition of Balance of payments
1. Noun. 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"
Exact synonyms: Balance Of International Payments
Generic synonyms: Accounting
Terms within: Capital Account, Current Account
Generic synonyms: Accounting
Terms within: Capital Account, Current Account
Lexicographical Neighbors of Balance Of Payments
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