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Definition of balance of payments noun from the Oxford Advanced Learner's Dictionary

balance of payments

noun
 
/ˌbæləns əv ˈpeɪmənts/
 
/ˌbæləns əv ˈpeɪmənts/
[singular]
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  1. the difference between the amount a country pays for imports and the amount it receives for exports in a particular period of time
    Oxford Collocations DictionaryBalance of payments is used before these nouns:
    • deficit
    See full entry
See balance of payments in the Oxford Advanced American DictionarySee balance of payments in the Oxford Learner's Dictionary of Academic English
Check pronunciation: balance of payments

Nearby words

brink
noun
 
 
From the Topic
Danger
C2
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