Balance Of Payments

Business, Legal & Accounting Glossary

Definition: Balance Of Payments


Balance Of Payments

Quick Summary of Balance Of Payments


An accounting record of all transactions made by a country over a certain time period, comparing the amount of foreign currency taken in to the amount of domestic currency paid out.



Video Guide For Balance Of Payments




Cite Term


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https://payrollheaven.com/define/balance-of-payments/
Modern Language Association (MLA):
Balance Of Payments. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
December 04, 2021 https://payrollheaven.com/define/balance-of-payments/.
Chicago Manual of Style (CMS):
Balance Of Payments. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/balance-of-payments/ (accessed: December 04, 2021).
American Psychological Association (APA):
Balance Of Payments. PayrollHeaven.com. Retrieved December 04, 2021
, from PayrollHeaven.com website: https://payrollheaven.com/define/balance-of-payments/

Definition Sources


Definitions for Balance Of Payments are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 26th November, 2021 | 0 Views.