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Balance of payments

Definition:

A statistical compilation formulated by a sovereign nation of all economic transactions between residents of that nation and residents of all other nations during a stipulated period of time, usually a calendar year.

Investing Essentials


Copyright © 2011 Campbell R. Harvey, Professor of Finance, Fuqua School of Business at Duke University

Term of the Day

Going into the trade

Used in the context of general equities. 1) Condition of the trader's position in the security and expectations of stock placement with accounts just prior to taking an order to the exchange floor... Read More

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