BALANCEOFPAYMENTS

Balance of payments

Balance of payments accounts are an accounting record of all monetary transactions between a country and the rest of the world.

The above text is a snippet from Wikipedia: Balance of payments
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balance of payments

Noun

  1. A measure of all flows of money into and out of a country including payments for goods and services and capital flows.
  2. The systematic record of such transactions.


The above text is a snippet from Wiktionary: balance of payments
and as such is available under the Creative Commons Attribution/Share-Alike License.

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