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Definition of Net lending or net borrowing

Net lending or net borrowing Definition from Social Science Dictionaries & Glossaries
BEA Economic Analysis Glossary
An indirect measure of the net acquisition of foreign assets by U.S. residents less the net acquisition of U.S. assets by foreign residents. It is equal to the balance on current account, national income and product accounts less capital transfers to the rest of the world (net). 
Source: U.S. Bureau of Economic Analysis