• word of the day

    balance of payments

    balance of payments - Dictionary definition and meaning for word balance of payments

    Definition
    (noun) a system of recording all of a country's economic transactions with the rest of the world over a period of one year
    Example Sentence
    • a favorable balance of payments exists when more payments are coming in than going out

Word used in video below:
text: so how does this work gonna balance the
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