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English definition of “balance of payments”

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balance of payments

noun [singular]
 
 
ECONOMICS the difference between the amount of money a country receives from exports, foreign trade, etc. and the amount it spends on imports, etc. from other countries: A healthy balance of payments and huge foreign-exchange reserves will allow most Asian countries to finance expensive oil imports for a long time. a balance of payments deficit/surplus
Translations of “balance of payments”
in Chinese (Traditional) 國際收支差額…
in Russian платежный баланс…
in Turkish ödemeler dengesi…
in Chinese (Simplified) 国际收支差额…
in Polish bilans płatniczy…
(Definition of balance of payments from the Cambridge Business English Dictionary © Cambridge University Press)
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