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The United States as usual has a sizable deficit in the current account of its balance of payments, trade account and other current accounts, current account items.
Robert C. Solomon

Meaning of "balance of payments" in the English dictionary

Dictionary
DICTIONARY
section

PRONUNCIATION OF BALANCE OF PAYMENTS

balance of payments play
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GRAMMATICAL CATEGORY OF BALANCE OF PAYMENTS

noun
adjective
verb
adverb
pronoun
preposition
conjunction
determiner
exclamation
Balance of payments is a noun.
A noun is a type of word the meaning of which determines reality. Nouns provide the names for all things: people, objects, sensations, feelings, etc.

WHAT DOES BALANCE OF PAYMENTS MEAN IN ENGLISH?

balance of payments

Balance of payments

Balance of Payment of a country is defined as, "Systematic record of all economic transactions with the residents of a foreign country" Thus balance of payments includes all visible and non-visible transactions of a country during a given period, usually a year. It represents a summation of country's current demand and supply of the claims on foreign currencies and of foreign claims on its currency. Balance of payments accounts are an accounting record of all monetary transactions between a country and the rest of the world. These transactions include payments for the country's exports and imports of goods, services, financial capital, and financial transfers. The BOP accounts summarize international transactions for a specific period, usually a year, and are prepared in a single currency, typically the domestic currency for the country concerned. Sources of funds for a nation, such as exports or the receipts of loans and investments, are recorded as positive or surplus items. Uses of funds, such as for imports or to invest in foreign countries, are recorded as negative or deficit items.

Definition of balance of payments in the English dictionary

The definition of balance of payments in the dictionary is the difference over a given time between total payments to foreign nations, arising from imports of goods and services and transfers abroad of capital, interest, grants, etc, and total receipts from foreign nations, arising from exports of goods and services and transfers from abroad of capital, interest, grants, etc.

WORDS THAT BEGIN LIKE BALANCE OF PAYMENTS

balance
balance bridge
balance of nature
balance of payments deficit
balance of power
balance of terror
balance of trade
balance pipe
balance shaft
balance sheet
balance transfer
balance weight
balance wheel
balanceable
balanced
balancer
Balanchine
balancing
balancing act
balanitis

WORDS THAT END LIKE BALANCE OF PAYMENTS

acknowledgements
acknowledgments
apartments
armaments
arrangements
Bank for International Settlements
compliments
contents
endowments
entrance requirements
entry requirements
home improvements
measurements
movements
outer garments
reinforcements
sentiments
system requirements
Ten Commandments
The Arabian Nights´ Entertainments
the Ten Commandments

Synonyms and antonyms of balance of payments in the English dictionary of synonyms

SYNONYMS

Translation of «balance of payments» into 25 languages

TRANSLATOR
online translator

TRANSLATION OF BALANCE OF PAYMENTS

Find out the translation of balance of payments to 25 languages with our English multilingual translator.
The translations of balance of payments from English to other languages presented in this section have been obtained through automatic statistical translation; where the essential translation unit is the word «balance of payments» in English.

Translator English - Chinese

国际收支
1,325 millions of speakers

Translator English - Spanish

la balanza de pagos
570 millions of speakers

English

balance of payments
510 millions of speakers

Translator English - Hindi

भुगतान संतुलन
380 millions of speakers
ar

Translator English - Arabic

ميزان المدفوعات
280 millions of speakers

Translator English - Russian

Платежный баланс
278 millions of speakers

Translator English - Portuguese

balança de pagamentos
270 millions of speakers

Translator English - Bengali

প্রদানের ক্ষেত্রে ভারসাম্য
260 millions of speakers

Translator English - French

la balance des paiements
220 millions of speakers

Translator English - Malay

baki pembayaran
190 millions of speakers

Translator English - German

Zahlungsbilanz
180 millions of speakers

Translator English - Japanese

国際収支
130 millions of speakers

Translator English - Korean

국제 수지
85 millions of speakers

Translator English - Javanese

Keseimbangan pembayaran
85 millions of speakers
vi

Translator English - Vietnamese

cán cân thanh toán
80 millions of speakers

Translator English - Tamil

பணம் சமநிலை
75 millions of speakers

Translator English - Marathi

देयके शिल्लक
75 millions of speakers

Translator English - Turkish

ödemeler dengesi
70 millions of speakers

Translator English - Italian

bilancia dei pagamenti
65 millions of speakers

Translator English - Polish

Bilans płatniczy
50 millions of speakers

Translator English - Ukrainian

Платіжний баланс
40 millions of speakers

Translator English - Romanian

balanța de plăți
30 millions of speakers
el

Translator English - Greek

ισοζύγιο πληρωμών
15 millions of speakers
af

Translator English - Afrikaans

betalingsbalans
14 millions of speakers
sv

Translator English - Swedish

betalningsbalans
10 millions of speakers
no

Translator English - Norwegian

betalingsbalanse
5 millions of speakers

Trends of use of balance of payments

TRENDS

TENDENCIES OF USE OF THE TERM «BALANCE OF PAYMENTS»

The term «balance of payments» is regularly used and occupies the 70.446 position in our list of most widely used terms in the English dictionary.
0
100%
FREQUENCY
Regularly used
67
/100
The map shown above gives the frequency of use of the term «balance of payments» in the different countries.
Principal search tendencies and common uses of balance of payments
List of principal searches undertaken by users to access our English online dictionary and most widely used expressions with the word «balance of payments».

FREQUENCY OF USE OF THE TERM «BALANCE OF PAYMENTS» OVER TIME

The graph expresses the annual evolution of the frequency of use of the word «balance of payments» during the past 500 years. Its implementation is based on analysing how often the term «balance of payments» appears in digitalised printed sources in English between the year 1500 and the present day.

Examples of use in the English literature, quotes and news about balance of payments

EXAMPLES

4 QUOTES WITH «BALANCE OF PAYMENTS»

Famous quotes and sentences with the word balance of payments.
1
Lawrence Eagleburger
The question is not really about a shift to the economic cone where officers are writing about the balance of payments and the need for economic stabilization.
2
Wilbur Ross
The fundamentals are the U.S. is going to end up being a net exporter of natural gas. That's going to be wonderful to help our balance of payments, reduce our dependence on a lot of countries that aren't so crazy about us, and change many, many parts of what goes on here.
3
Robert C. Solomon
So if the euro, if Euroland is to become a reserve center, if the euro is to become a reserve currency, Euroland will have to have a deficit in its overall balance of payments.
4
Robert C. Solomon
The United States as usual has a sizable deficit in the current account of its balance of payments, trade account and other current accounts, current account items.

10 ENGLISH BOOKS RELATING TO «BALANCE OF PAYMENTS»

Discover the use of balance of payments in the following bibliographical selection. Books relating to balance of payments and brief extracts from same to provide context of its use in English literature.
1
Balance of Payments Manual (EPub)
The fifth edition of Balance of Payments Manual, issued in 1993, presents revised and updated standards for concepts, definitions, classifications, and conventions for compilation of balance of payments and international investment position ...
International Monetary Fund, 2005
2
Balance of Payments Textbook (EPub)
The Textbook provides illustrative examples and applications of concepts, definitions, classifications, and conventions contained in the Manual and affords compilers with opportunities for enhancing their understanding of the relevant parts ...
International Monetary Fund, 1996
3
Balance of Payments Adjustment: Macro Facets of ...
A detailed analysis of the two approaches, Monetary and traditional Keynesian, to international adjustment and balance of payments.
Augustine C. Arize, 2000
4
Balance of Payments and Exchange Rate Theories
Norman Miller provides a fresh perspective on balance of payments and exchange rate theories, including intertemporal open economy models that focus on the optimum current account.
Norman C. Miller, 2002
5
Economic Growth and the Balance of Payments Constraint
This is the first book of its kind to argue in a consistent and comprehensive way the idea that a country's growth performance cannot be properly understood without reference to the performance of its tradeable goods sector and the strength ...
J.S.L. McCombie, A. P. Thirlwall, 1994
6
Balance of Payments Manual
The sixth edition of the Balance of Payments and International Investment Position Manual presents revised and updated standards for concepts, definitions, and classifications for international accounts statistics.
International Monetary Fund, 2010
7
Monetary Approach to the Balance of Payments: A Collection ...
This volume brings together several of the most important research papers on the monetary approach to the balance of payments prepared by IMF staff members.
R. Rhomberg Rudolf, 1977
8
Balance of Payments Compilation Guide
A companion document to the fifth edition of the Balance of Payments Manual, the Balance of Payments Compilation Guide shows how the conceptual framework described in the Manual may be implemented in practice.
‎1995
9
India's balance of payments problem: a monetary solution
The Story Is Divided Into 7 Chapters - India`S Balance Of Payments In Historical Perspective - Monetary Approach To Balance Of Payments - Methodology And Database - Demand For Money In India - Monetary Disequilibrium And India`S Balance Of ...
Rakesh Raman, 2005
10
Essays on Balance of Payments Constrained Growth: Theory and ...
This impressive collection explores the relationship between a country's balance of payments and their rate of economic growth.
John McCombie, Tony Thirlwall, 2004

10 NEWS ITEMS WHICH INCLUDE THE TERM «BALANCE OF PAYMENTS»

Find out what the national and international press are talking about and how the term balance of payments is used in the context of the following news items.
1
UK tourists advised to be well-prepared for Greek visits
Britain could also be exposed to helping Greece in the event of it leaving the eurozone, under the EU's balance of payments support ... «Financial Times, Jul 15»
2
The Philippines: A Safe Haven for Investors
Now, that level of growth is also typically accompanied by inflation and a huge balance of payments deficit as the government, seduced by all ... «Trefis, Jul 15»
3
Is Grexit legal? EU lawyers try to make it so
... it wouldn't be eligible for the aid scheme reserved for non-EU countries, known as a “balance of payments assistance” programme. Hungary ... «FT.com, Jul 15»
4
Lira Climbs With Turkish Stocks as Oil Trades Below $60
Turkey's lira gained and stocks rebounded from a two-week low as falling oil prices boosted prospects for the country's balance of payments ... «Bloomberg, Jul 15»
5
Asian Morning Briefing: US Stocks Fall
2350 JPN Q1 Revised Balance of Payments. 2350 JPN May Balance of Payments. 2350 JPN Jun Provisional Trade Statistics for 1st 20 days of ... «Wall Street Journal, Jul 15»
6
Sri Lanka CB Governor says asked tender board to accept more …
... placed on Central Bank holdings of Treasury bills the agency will no longer be able to generate forex shortages, balance of payments crises, ... «EconomyNext, Jul 15»
7
Uganda's economy is on track
These include; economic growth rate, Gross Domestic Product (GDP), inflation, interest rates, Balance of Payments (BOP), foreign reserves, ... «New Vision, Jul 15»
8
Alon Blue Square Announces Board Approval of Proposed …
The balance of payments due to suppliers (minus deferral amount referred to above) would be paid in four equal weekly installments beginning ... «MarketWatch, Jul 15»
9
IMF loans conditioned on bigger role for market
It also provides financial assistance to member countries for correcting their balance of payments problems. Where does the IMF get its money? «Times of India, Jul 15»
10
Future perfect: Business Strategies with Aston Wealth Management
We soon realised on the balance of payments from both sides of the business that Aston Currency had more scalability and growth potential ... «International Adviser, Jul 15»

REFERENCE
« EDUCALINGO. Balance of payments [online]. Available <https://educalingo.com/en/dic-en/balance-of-payments>. May 2024 ».
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