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Balance of payments

An Accounting record of all transactions made by a country over a certain time period, comparing the amount of foreign Currency taken in to the amount of domestic Currency paid out.

Related Terms: 9 Account, Accounting, Action, Currency, Domestic, Paid, Record, Ring, Transaction
Other Related Pages: Category: Economy Starting With: B
Additional Related Terms: 10-K, Account, Accounting, Accounting equation, Account statement, Accrual basis accounting, Allowance for depreciation, Average accounting return, Average collection period, Account aggregation