English noun: balance of international payments | |||
1. | balance of international 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 payments | ||
Broader (hypernym) | accounting | ||
Part holonym | capital account, current account | ||