INTERNATIONAL PAYMENT


Meaning of INTERNATIONAL PAYMENT in English

Payment made between countries, whether in settlement of a trade debt, as a unilateral transfer of funds, for capital investment, or for some other purpose.

The reasons for such payments and the methods of making them and accounting for them are matters of concern to economists and national governments. International debts are settled either from accumulated balances of foreign currency or claims on foreign currency, or by loans from creditor to debtor, or by drawing on the balance of payments .

Britannica English dictionary.      Английский словарь Британика.