Do you know the BOP full form and its different meanings? If not, then Relax! Here I will give you all possible full forms and meanings in a simple style in fields like economics, slang, power plant, civil engineering, border, electrical, call center, insurance, business, etc. Below we are going to learn the full forms and meanings of the BOP term in the above-mentioned fields one by one in an individual manner to make learning easy and interesting. So, it is time to move on to the main topic and learn the BOP’s different meanings and understand the BOP full form.
BOP Full Form
The full form of the BOP means the Balance Of Payment
B – Balance
O – Of
P – Payment
The BOP means the Balance Of Payment, which is an account statement that has all records of monetary transactions between country residents and the rest of the world during any given time period.
BOP Full Form In Economics
The full form of the BOP in economics is the Balance Of Payment
B – Balance
O – Of
P – Payment
In economics, the BOP means the Balance Of Payment, and it is calculated as
BOP = Current Account + Capital Account + Balancing Item+ Financial Account
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BOP Full Form In Power Plant
The full form of the BOP in the power plant is the Balance Of Plant
B – Balance
O – Of
P – Plant
In the power plant, the BOP means the Balance Of Plant is equipment refers to the auxiliary components in a power plant that supports the operation of boilers, turbines, and generator equipment.
BOP Full Form In Business
The full form of the BOP in business is the Balance Of Payment
B – Balance
O – Of
P – Payment
In business, the BOP means the Balance Of Payment and also known as the Balance Of International Payment. The BOP payments summarize all transactions that completed by a country’s
- Individuals
- Government bodies, and
- Companies
with Government bodies outside the country, Companies, and individuals.
BOP Full Form In Civil Engineering
The full form of the BOP in civil engineering is the Balance Of Plant or Bottom Of Pipe
B – Balance
O – Of
P – Plant
BOP Full Form In Insurance
The full form of the BOP in insurance is the Business Owner’s Policy
B – Business
O – Owner’s
P – Policy
In insurance, the BOP means the Business Owner’s Policy which helps to cover business from claims resulting from things like fire, theft, or other covered disasters.
BOP Full Form In Border
The full form of the BOP in the border is the Border Out Post or Border Observation Post
B – Border
O – Out
P – Post
BOP Full Form In Defense
The full form of the BOP in defense is the Border Out Post or Border Observation Post
B – Border
O – Out
P – Post
BOP Full Form In Electrical
The full form of the BOP in electrical is the Balance Of Plant
B – Balance
O – Of
P – Plant
In electrical, the BOP means the Balance Of Plant, which is used in the power plant to deliver the energy, other than generating the unit itself.
BOP Full Form In Call Centre
The full form of the BOP in the call center is the Business Process Outsourcing
B – Business
P – Process
O – Outsourcing
In the call center, the BOP means the Business Process Outsourcing is a process of outsourcing some aspects of business operations to a third-party vendor or service provider.
BOP Full Form In Quality
The full form of the BOP in quality is the Bill Of Process
B – Bill
O – Of
P – Process
BOP Stands For
The BOP stands for the Balance Of Payment
B – Balance
O – Of
P – Payment
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FAQ
What Does BOP Mean On Social Media?
In social media, the BOP means the Business Over Pleasure
B – Business
O – Over
P – Pleasure
What Is BOP In Slang?
In slang, the BOP used as an adjective to describe a good song or a song that has a good beat that makes you want to dance.
What Is BOP In Music?
In music, the BOP is early modern jazz developed in the 1940s.
What Is The BOP Position?
The BOP position of the country shows in its economic health.
Conclusion
This article is a masterpiece of the full forms and meanings of the BOP term. Now, you know the BOP stands for the Balance Of Payment which is a statement that holds all records of monetary transactions made between residents of a country and the remaining world during any given time. Above, I have given answers to some frequently asked questions by people. May, this article makes you the master of everything related to the BOP in any field. Now, we have understood and learned what is the BOP in full form?
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