English dictionary
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English noun: balance of payments | |||
| 1. | balance of payments (possession) a system of recording all of a country's economic transactions with the rest of the world over a period of one year | ||
| Samples | A favorable balance of payments exists when more payments are coming in than going out. | ||
| Synonyms | balance of international payments | ||
| Broader (hypernym) | accounting | ||
| Part holonym | capital account, current account | ||
Based on WordNet 3.0 copyright © Princeton University.
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Web design: Orcapia v/Per Bang. English edition: .
2024 onlineordbog.dk