Business / Agriculture / Balance Of Payments: An accounting statement measuring the value of goods, services and capital exchanged between a country and all foreign countries. A nation is said to have either: (1) a balance of payments deficit if it sends abroad less in goods, services, and capital than it receives from foreigners: or (2) a balance of payments surplus if it sends abroad more in goods, services, and capital than it receives.
Balance Verb Synonyms: weigh, estimate, ponder, consider, deliberate, assess, compare, evaluate
Balance Noun Synonyms: scale(s), steelyard
Business / Agriculture / Balance Of Trade: The difference in value between a country’s merchandise imports and exports in a specified period. A country’s balance of trade is only one factor - though an important one - in its balance of pay MORE
Business / Finance / Basic Balance: In a balance of payments, the basic balance is the net balance of the combination of the current account and the capital account. MORE