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balance of payments

1 ENTRIES FOUND:
balance of payments noun
balance of payments
noun
Learner's definition of BALANCE OF PAYMENTS
[singular]
: the difference between the amount of money that a country spends and the amount it earns国际收支差额

balance of payments

noun phrase

: a summary of the international transactions of a country or region over a period of time including commodity and service transactions, capital transactions, and gold movements

Word History

First Known Use

1770, in the meaning defined above

Time Traveler
The first known use of balance of payments was in 1770

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