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.
Origin of balance of payments
1Words Nearby balance of payments
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How to use balance of payments in a sentence
For balance-of-payments reasons, Japan closely controls its receipts and expenditures of foreign exchange.
East-West Trade Trends | Harold E. Stassen
British Dictionary definitions for balance of payments
the difference over a given time between total payments to foreign nations, arising from imports of goods and services and transfers abroad of capital, interest, grants, etc, and total receipts from foreign nations, arising from exports of goods and services and transfers from abroad of capital, interest, grants, etc
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012
Cultural definitions for balance of payments
The relationship between the payments made by one nation to all other nations and its receipts from all other nations.
Notes for balance of payments
The New Dictionary of Cultural Literacy, Third Edition Copyright © 2005 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.
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