The International Monetary Fund (IMF) use a particular set of definitions for the
BOP accounts, ...
A record of all transactions made between one particular country and all other
countries during a specified time period. BOP compares the dollar difference in ...
Definition: According to the RBI, balance of payment is a statistical statement that
shows 1. The transaction in goods, services and income between an economy ...
Many different definitions of the balance-of-payments deficit or surplus have been
used in the past. Each definition has different implications and purposes.
Nov 28, 2012 ... Definition of Balance of Payments: The Balance of Payments shows a countries
transactions with the rest of the world. It notes inflows and ...
Definition of favorable balance of payments: Payments received by a country that
are more than the payments the country has had to make, giving the country a ...
Definition of balance of payments (BOP): Set of accounts that record a country's
international transactions, and which (because double entry bookkeeping is ...
www.thefreedictionary.com/balance of payments
A systematic record of a nation's total payments to foreign countries, including the
price of imports and the outflow of capital and gold, along with the total receipts ...
Definition of balance of payments surplus. The amount by which the money
coming into a country is more than the money going out in a particular period of
Definition of balance of payments deficit. The amount by which money going out
of a country is more than the amount coming in. . Print. Add Term to Watchlist.