NOUN | possession | balance of international payments, balance of payments | a system of recording all of a country's economic transactions with the rest of the world over a period of one year |
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Meaning | A system of recording all of a country's economic transactions with the rest of the world over a period of one year. | |
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Synonym | balance of payments | |
Parts | capital account | (economics) that part of the balance of payments recording a nation's outflow and inflow of financial securities |
current account | That part of the balance of payments recording a nation's exports and imports of goods and services and transfer payments | |
Broader | accounting | A system that provides quantitative information about finances |
Spanish | balanza de pagos | |
Catalan | balança de pagaments |
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