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balance of international payments vs accounting

accounting vs balance of international payments

balance of international payments and accounting both are nouns.

Word NounAdjectiveVerbAdverb
balance of international payments Yes No No No
accounting Yes No No No
As nouns, accounting is a hypernym of balance of international payments; that is, accounting is a word with a broader meaning than balance of international payments:
  • balance of international payments: a system of recording all of a country's economic transactions with the rest of the world over a period of one year
  • accounting: a system that provides quantitative information about finances
balance of international payments (noun) accounting (noun)
a system of recording all of a country's economic transactions with the rest of the world over a period of one year the occupation of maintaining and auditing records and preparing financial reports for a business
a system that provides quantitative information about finances
a convincing explanation that reveals basic causes
a statement of recent transactions and the resulting balance
a bookkeeper's chronological list of related debits and credits of a business; forms part of a ledger of accounts
Difference between balance of international payments and accounting

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