balance of payments

noun phrase

Definition of balance of payments

: 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

First Known Use of balance of payments

1770, in the meaning defined above

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Time Traveler for balance of payments

Time Traveler

The first known use of balance of payments was in 1770

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Dictionary Entries Near balance of payments

balance of nature

balance of payments

balance of power

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Statistics for balance of payments

Cite this Entry

“Balance of payments.” Dictionary, Merriam-Webster, Accessed 23 May. 2022.

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