Balance of Payment Meaning in Bengali: পেমেন্টের সমান্তরাল অবস্থা, পেমেন্টের সমান্তরাল অবস্থা (noun, pronunciation: bæl-uhns uhv pey-muhnt)
Definition
The balance of payment refers to the record of all economic transactions between the residents of a country and the rest of the world during a given period. It includes the trade balance (exports and imports of goods and services), income balance (income received and paid to foreign entities), and the capital balance (capital inflows and outflows).
Synonyms
- Current Account (চলমান হিসাব)
- Trade Balance (বাণিজ্যিক সমান্তরাল)
- Balance of International Payments (আন্তর্জাতিক পেমেন্টের সমান্তরাল)
Antonyms
- Trade Deficit (বাণিজ্যিক ঘাটতি)
- Capital Outflow (পুঁজিবহির্ভূতি)
- Income Outflow (আয় বহির্ভূতি)
Origin
The concept of balance of payment originated in the early 20th century as a means to track a country’s economic transactions with the rest of the world. It was developed to provide a comprehensive view of a country’s financial position and its relationship with other nations.
Nearby Words
- Balance (noun)
- Payment (noun)
- International (adjective)
- Transaction (noun)
- Economic (adjective)
Balance of Payment in Literature Quotes
- “The balance of payment is the mirror in which a country can see its reflection.” – John Maynard Keynes (পেমেন্টের সমান্তরাল হল একটি দর্পণ, যার মাধ্যমে একটি দেশ তার প্রতিফলন দেখতে পারে।)
- “A favorable balance of payment is a sign of economic strength and stability.” – Joseph Stiglitz (একটি অনুকূল পেমেন্টের সমান্তরাল অর্থনীতিক শক্তি এবং স্থিতিশীলতার প্রতীক।)
Balance of Payment Meaning in Different Languages
- Bengali: পেমেন্টের সমান্তরাল অবস্থা
- Hindi: भुगतान का संतुलन
- Nepali: भुक्तानीको संतुलन
- Urdu: تناسبِ ادائیگی
- Tamil: கட்டண மீறல்
- Telugu: చెల్లింపు సమతుల్యం
- Arabic: توازن الدفع
- Chinese: 支付平衡 (zhīfù pínghéng)
- Japanese: 取引のバランス (torihiki no baransu)
- Russian: баланс платежей (balans platezhey)
For more information, you can visit wikipedia.org, dictionary.com, and thefreedictionary.com.