Derogatory term for Patreon.
by Falchion315 May 1, 2019
Get the Paymetons mug.the sum of the capital account balance and the current account balance; put another way, the net change in financial reserves of a country, whether in the form of income (current account) or foreign investments (capital account)
For example, in all years since 1980, the USA has run a large-to-huge current account deficit, but in most years it has run a capital account surplus that is almost as big as the current account deficit. As a result, the USA has run a medium-to-large balance of payments deficit over this period.
A commonly-overlooked byproduct of BoP is that it determines whether or not a currency can be used as an international reserve currency. Despite repeated efforts by the governments of the EU and Japan to get their currencies established as such, they have failed to dent the US dollar's global primacy as the money for international transactions. This is because EU member states and Japan (as well as other major economies) run very large surpluses in their BoP. Japan, in particular, imports extremely little, and retains huge reserves rather than invest all of its net export earnings overseas. As a consequence, overseas holdings of euros or yen are much to small to serve as an alternative to the US dollar.
For example, in all years since 1980, the USA has run a large-to-huge current account deficit, but in most years it has run a capital account surplus that is almost as big as the current account deficit. As a result, the USA has run a medium-to-large balance of payments deficit over this period.
A commonly-overlooked byproduct of BoP is that it determines whether or not a currency can be used as an international reserve currency. Despite repeated efforts by the governments of the EU and Japan to get their currencies established as such, they have failed to dent the US dollar's global primacy as the money for international transactions. This is because EU member states and Japan (as well as other major economies) run very large surpluses in their BoP. Japan, in particular, imports extremely little, and retains huge reserves rather than invest all of its net export earnings overseas. As a consequence, overseas holdings of euros or yen are much to small to serve as an alternative to the US dollar.
Since the oil embargo of the 1970's, the US has run a balance of payments deficit because its trade deficit was enormous; prior to the embargo, the US BoP deficit was large because the US exported such an enormous amount of finance capital. As a consequence, the balance of payments deficit has persisted since the end of the Korean War (1953).
by Abu Yahya February 14, 2009
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The reason for your service being interrupted or property repossessed for non-payment. See "between jobs".
A: "Hey I called your cell phone but couldn't get through"
B: "Yeah my phone is between payments right now"
B: "Yeah my phone is between payments right now"
by Ry-G January 21, 2010
Get the between payments mug.I know Ms. Smith that you'll be short on rent again this month, why don't you pay half cash and then we can settle the debt with 2 or 3 couch payments.
by Check1 November 29, 2011
Get the Couch Payments mug.by daboha April 2, 2011
Get the payrent mug.When a friend of yours is through with a girl because he's moving, moved on, or just needs something new, you take over sexual payments.
"So I'm not gonna hang out with Shaleena anymore man....time for you to take over payments"
"Sweet! I've always wanted to put it in her."
"Sweet! I've always wanted to put it in her."
by top king November 3, 2008
Get the Take over payments mug.i think it's when a country's exports is more than its imports and here we say it's a favorable B.O.P, otherwise it's an unfavorable B.O.P
by sylvia October 27, 2003
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