Business / Agriculture / Balance Of Payments: An accounting statement measuring the value of goods, services and capital exchanged between a country and all foreign countries. A nation is said to have either: (1) a balance of payments deficit if it sends abroad less in goods, services, and capital than it receives from foreigners: or (2) a balance of payments surplus if it sends abroad more in goods, services, and capital than it receives.
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Balance Verb Synonyms: weigh, estimate, ponder, consider, deliberate, assess, compare, evaluate
Balance Noun Synonyms: scale(s), steelyard
Business / Finance / Philadelphia Board Of Trade (PBOT): A subsidiary of the Philadelphia Stock Exchange that trades currency futures. MORE
Business / Finance / Personal Tax View (Of Capital Structure): The argument that the difference in personal tax rates between income from debt and income from equity eliminates the disadvantage of the double taxation (corporate and personal) of income from equity MORE
Business / Agriculture / Personal Responsibility and Work Opportunity Reconciliation Act Of 1996: P.L. 104-193 (September 22, 1996) was labeled as a major 'welfare reform' initiative. In addition to provisions making major changes to federal cash welfare, medicaid, work, and child care development MORE