HomeDefinitionsCompareDebt Balance on goods and servicesThe financial definition for Balance on goods and services:Netting of transaction balances, including the net amount of payments of interest and dividends to foreign investors and investments, as well as receipts and payments resulting from international tourism. Similar MatchesConcentration servicesConcentration servicesMovement of cash from different lockbox locations into a single concentration account from which disbursements and investments are made. Fiscal agency servicesFiscal agency servicesServices performed by the Federal Reserve Banks for the U.S. government. These include maintaining deposit accounts for the Treasury Department, paying U.S. government checks drawn on the Treasury, and issuing and redeeming savings bonds and other government securities. Information servicesInformation servicesOrganizations that furnish investment and other types of information, such as information that helps a firm monitor its cash position. Further SuggestionsNonfinancial servicesShort term investment services Tax preparation services Click to compare definitions of Balance on goods and services Click to view definitions beginning ba |