Concept information
Preferred term
capital accounts
Definition
- The capital account balance measures the net value of transactions involving financial assets between residents and nonresidents of a country. It is equal to the difference between funds acquired from the rest of the world (capital inflows) and funds provided to the rest of the world (capital outflows) in a specific period of time. [Source: Encyclopedia of Business in Today's World; Capital Account Balance]
Broader concept
Belongs to group
URI
https://concepts.sagepub.com/social-science/concept/capital_accounts
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