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Balance
(redirected from Balance-of-payments)

   Also found in: Dictionary/thesaurus, Medical, Legal, Encyclopedia, Wikipedia 0.02 sec.
Account Balance
The amount available in an account. Simply put, the account balance is the net of all credits less all debits. A positive account balance indicates the account holder has funds available to him/her, while a negative balance indicates the holder owes money. Account balances are important in banking because they determine whether or not an account holder has money for living expenses and in margin accounts because they show whether the holder can conduct more margin transactions.

Balance

The amount of the original loan remaining to be paid.

It is equal to the loan amount less the sum of all prior payments of principal.



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Balance-Of-Payments Considerations: SAMA formally suspended the SDR link in May 1981 and has since maintained a de facto link to the dollar, with the last devaluation of the riyal occurring in June 1986 when its exchange rate against the dollar was adjusted from 3.
[T]he essential problem was that AID did not have the internal procedures necessary to make clear its position and to inform the President of the effects on the balance-of-payments position of the commitments made for political and military consideration.
The MBOP implies an automatic adjustment process during which the disparity between actual and desired money balances corrects itself through a balance-of-payments disequilibrium or a change in the exchange rate (Johnson, 1976; Kemp, 1975).
 
 
 
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