| NOUN | possession | balance of payments, balance of international 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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| Example | "a favorable balance of payments exists when more payments are coming in than going out" | |
| Synonym | balance of international 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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