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Glossary > U > "Unilateral transfers" Definition

Unilateral transfers

Items in the current account of the balance of payments of a countrys accounting books that correspond to gifts from foreigners or pension payments to foreign residents who once worked in the country whose balance of payments is being considered.

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Unilateral transfers - Items in the current account of the balance of payments of a countrys accounting books that correspond to gifts from foreigners or pension payments to foreign residents who once worked in the country whose balance of payments is being considered.

Unilateral transfers : items in the current account of the balance of payments of a countrys accounting books that correspond to gifts from foreigners or pension payments to foreign residents who once worked in the country whose balance of payments is being considered.