Lexic.us

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"

Definition of Balance of payments

1. Noun. A measure of all flows of money into and out of a country including payments for goods and services and capital flows. ¹

2. Noun. The systematic record of such transactions. ¹

¹ Source: wiktionary.com

Lexicographical Neighbors of Balance Of Payments

Literary usage of Balance of payments

Below you will find example usage of this term as found in modern and/or classical literature:

1. Adjustment and Equity in Chile by Patricio Meller (1992)
"Despite these deficits, the overall balance of payments shows surpluses during the whole l977-8l period; a massive inflow of foreign credit not only helped ..."

2. OECD Factbook 2005: Economic, Environmental and Social Statistics by For Economic Co-Ope Organisation (2005)
"Comparability The data in this table are taken from Balance of Payments ... The IMF closely monitors balance of payments statistics reported by its member ..."

3. Food Subsidies in Egypt: Their Impact on Foreign Exchange and Trade by Grant MacDonald Scobie (1983)
"1n this chapter a model is presented that permits the effects of government spending to be traced to the rate of domestic inflation, the balance of payments ..."

4. Science by American Association for the Advancement of Science (1883)
"Indeed, many of the economists argued that the future balance of payments situation and the impact the SST will have on it are unpredictable, and that such ..."

5. CapitalOttawa (Ont (1888)
"But in the face of persistent disequilibrium in the balance of payments of the reserve currency countries, the ability of the IMF to solve :he confidence ..."

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