See Also: Basic balance(finance)
Basic balance(money)
Official settlements balance (overall balance)(money)
Official settlements balance (overall balance)(finance)
BASIC(encyclopedia)
BASIC(dictionary)
basic(dictionary)
Basic(medicine)
Basic IRR rule(money)
Basic Crops(money)

BASTON (law) and Basic balance (finance)


BASTON (law)


BASTON. An old French word, which signifies a staff, or club, In some old English statutes the servants or officers of the wardens of the Fleet are so English statutes the servants or officers of the wardens of the Fleet are so called, because they attended the king' s courts with a red staff. Vide called, because they attended the king' s courts with a red staff. Vide Tipstaff. Tipstaff.

Basic balance (finance)


In a balance of payments, the basic balance is the net balance of the combination of the current account and the capital account.