Definition of Balance of payments

Babylon English
balance of payments
payments indicated by a balance sheet

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Balance of Payments definition was found in categories: Business & Finance(4)  Language, Idioms & Slang(1)  Social Science(2)  Sports(1)  Encyclopedia(1)  

Balance of Payments Definition from Business & Finance Dictionaries & Glossaries

Campbell R. Harvey's Hypertextual Finance Glossary
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.

MONASH Marketing Dictionary
Balance of Payments
the difference between the payments made to foreign nations and the receipts from foreign nations in a given period.

European Central Bank Glossary
balance of payments (b.o.p.)
A statistical statement that summarises, for a specific period of time, the economic transactions of an economy with the rest of the world. The transactions considered are those involving goods, services and income, those involving financial claims on, and liabilities to, the rest of the world and those that are classified as transfers (such as debt forgiveness).

Raynet Business & Marketing Glossary
Balance of Payments
an accounting record of all transactions made by a country with over a certain time period, comparing the amount of foreign currency taken in to the amount of domestic currency paid out; see also balance of trade, payment.


Balance of Payments Definition from Language, Idioms & Slang Dictionaries & Glossaries

WordNet 2.0
balance of payments

Noun
1. 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"
(synonym) balance of international payments
(hypernym) accounting
(part-meronym) capital account


Balance of Payments Definition from Social Science Dictionaries & Glossaries

BEA Economic Analysis Glossary
Balance of payments
 Record of transactions between U.S. residents and foreign residents during a given time period. Includes transactions in goods, services, income, assets, and liabilities. It is broken down into the current account (international)capital account (international), and financial acount (international).

Environmental Economics Glossary
Balance of Payments
A record of all the financial transactions between a country and the rest of the world during a given year.


Balance of Payments Definition from Sports Dictionaries & Glossaries

maritime&shipping&trade
Balance Of Payments
A statement identifying all the economic and financial transactions between companies, banks, private households and public authorities of one nation with those of other nations of the world over a specific time


Balance of Payments Definition from Encyclopedia Dictionaries & Glossaries

Wikipedia English - The Free Encyclopedia
Balance of payments
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, usually a year. The BOP is determined by the country's exports and imports of goodsservices, and financial capital, as well as financial transfers. It reflects all payments and liabilities to foreigners (debits) and all payments and obligations received from foreigners (credits). Balance of payments is one of the major indicators of a country's status in international trade, with net capital outflow.

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