balance of goods and services
1balance on goods and services — netting of transaction balances, including the net amount of payments of interest and dividends to foreign investors and investments, as well as receipts and payments resulting from international tourism. Also known as trade balance. Bloomberg… …
2Goods and Services Tax (Australia) — The GST (Goods and Services Tax) is a value added tax of 10% on most goods and services transactions in Australia.It was introduced by the Howard Government on 1 July 2000, replacing the previous Federal wholesale sales tax system and designed to …
3balance of payments — n [singular] the difference between what a country spends in order to buy goods and services abroad, and the money it earns selling goods and services abroad …
4balance of payments current account — ➔ account1 * * * balance of payments current account UK US noun [singular] (also external account) ► ECONOMICS a record of the movement of money into and out of a country from trade in goods and services: »The Reserve Bank Governor is reported to …
5balance sheet — n a statement of how much money a business has earned and how much money it has paid for goods and services ▪ a healthy balance sheet …
6Balance of trade — Cumulative Current Account Balance 1980–2008 based on the International Monetary Fund data …
7Balance of payments — In economics, the balance of payments, (or BOP) measures the payments that flow between any individual country and all other countries. It is used to summarize all international economic transactions for that country during a specific time period …
8balance of trade — the difference between the values of exports and imports of a country, said to be favorable or unfavorable as exports are greater or less than imports. [1660 70] * * * Difference in value over a period of time between a nation s imports and… …
9Balance of trade — Net flow of goods (exports minus imports) between countries. The New York Times Financial Glossary * * * balance of trade ˌbalance of ˈtrade noun [singular] ECONOMICS 1. the part of a country s balance of payments that relates to the value of… …
10balance of trade — net flow of goods (exports minus imports) between two countries. Bloomberg Financial Dictionary The difference between a country s imports and exports. Chicago Mercantile Exchange Glossary * * * balance of trade ˌbalance of ˈtrade noun [singular] …
