Advertising

Basic balance

• In a balance of payments, the basic balance is the net balance of the combination of the current account and the capital account.

 
 Embedded terms in definition
 Balance of payments
Capital account
Capital
Combination
Current account
Net
 
 Related Terms
 

<< Base rate Basic business strategies >>

Beware of fraud originating in phone messages and faxes: FDIC Consumer News has warned before about crooks who call or e-mail consumers and pretend to be legitimate companies or government agencies wanting people to "verify" or "resubmit" (divulge) confidential information such as bank account or credit card numbers as well as Social Security numbers, passwords and personal identification numbers. Here are variations to know about. More...

In prosperity our friends know us; in adversity we know our friends. - Churton Collins

Advertising



Copyright 2009-2017 GVC. All rights reserved.