English dictionary
balance of international payments meaning and definition
Definition and meaning of balance of international payments at MeaningMonkey.org. balance of international payments meaning and definition in the English Dictionary.BALANCE OF INTERNATIONAL PAYMENTS noun
Definition of balance of international payments (noun)
- 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"
- synonyms: balance of payments
Source: Princeton University Wordnet