money payments
71Balance Of Payments - BOP — A record of all transactions made between one particular country and all other countries during a specified period of time. BOP compares the dollar difference of the amount of exports and imports, including all financial exports and imports. A… …
72hard money — Coin • • • Main Entry: ↑money * * * hard money, 1. currency exchangeable for gold or other precious metal. 2. money maintained at a fixed value in foreign exchange as by means of balance of payments or shipments of gold. 3. money under a banking… …
73hot money — 1) Money that moves at short notice from one financial centre to another in search of the highest short term interest rates, for the purposes of arbitrage, or because its owners are apprehensive of some political intervention in the money market …
74hot money — 1) Money that moves at short notice from one financial centre to another in search of the highest short term interest rates, for the purposes of arbitrage, or because its owners are apprehensive of some political intervention in the money market …
75Boot money — refers to money paid privately or anonymously to amateur athletes, often to circumvent laws or league regulations prohibiting athlete compensation. It can be paid as an incentive to win or as a reward for a good performance, but especially in… …
76contracted-out money purchase scheme — (COMP scheme) A money purchase scheme that has contracted out of the state second pension (S2P). To qualify as a COMP scheme, the scheme must satisfy certain criteria set out in the Pension Schemes Act 1993. In particular, the empl …
77boot money — a wrongful payment to an amateur in sport A relic from the days when talented people played sport for fun rather than money and the respective status of amateurs and professionals was strictly regulated. Supposedly the money was left in the …
78Found Money — A sum of cash or financial account that the holder controls, has forgotten about, then rediscovered. Found money can refer to something as simple as leaving cash in a warm coat and finding it the next season, or a utility deposit that was… …
79Wholesale Money — Funds borrowed by corporations, in high amounts, through financial institutions. Wholesale money is a way for large institutions to obtain capital without having to issue shares or bonds. These loans will usually be issued by large financial… …
80balance of payments — noun a) A measure of all flows of money into and out of a country including payments for goods and services and capital flows. b) The systematic record of such transactions …
