Go to MSN Homeencarta®
Dictionary
Find
in
Dictionary
Thesaurus
Translations
ABCDEFGHIJKLMNOPQRSTUVWXYZ
Click to move up the list of words
invigorating
invincible
inviolable
inviolate
inviscid
invisible
invisible hand
invisible ink
invisible trade
invitation
invitational
invitatory
invite
inviting
invocation
invoice
invoice discounting
Click to move down the list of words
Also available:

World English Dictionary
Dictionnaire Français

invisible trade
in·vis·i·ble trade


noun 
Definition:
 
trade in services: items such as freight, insurance, and financial services that are included in a country's balance of payments accounts but are not recorded as exports and imports
Encarta® World English Dictionary [North American Edition] © & (P)2009 Microsoft Corporation. All rights reserved. Developed for Microsoft by Bloomsbury Publishing Plc.
Advertisement
© 2009 Microsoft