BALANCE OF PAYMENTS as NOUN

1. Meaning
   • a system of recording all of a country’’s economic transactions with the rest of the world over a period of one year
   Synonym(s)
   • balance of international payments (what does balance of international payments mean?)
   Usage Example(s)
   • a favorable balance of payments exists when more payments are coming in than going out
   Hypernyms(s) balance of payments is a kind of… Example: animal is a hypernym of mammal, plant is a hypernym of flower
   • accounting (what does accounting mean?)