balance of payments surplus

Definitions

Accounting

• noun a situation in which a country exports more than it imports

Economics

• A number summarizing the state of a country's international transactions, usually equal to the balance on current account plus the balance on financial account, but excluding official reserve transactions, or omitting also other volatile short-term financial-account transactions. It indicates the stress on a regime of pegged exchange rates.

Nearby Definitions of “balance of payments surplus”

• bail
• baiting
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• balance sheet
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Contexts for “balance of payments surplus”

2 definitions in context
• Accounting
• Economics