Balance of tradeThe balance of trade, commercial balance, or net exports (sometimes symbolized as NX), is the difference between the monetary value of a nation's exports and imports over a certain time period. Sometimes a distinction is made between a balance of trade for goods versus one for services. The balance of trade measures a flow of exports and imports over a given period of time. The notion of the balance of trade does not mean that exports and imports are "in balance" with each other.
Torsion (algebra)In mathematics, specifically in ring theory, a torsion element is an element of a module that yields zero when multiplied by some non-zero-divisor of the ring. The torsion submodule of a module is the submodule formed by the torsion elements. A torsion module is a module that equals its torsion submodule. A module is torsion-free if its torsion submodule comprises only the zero element. This terminology is more commonly used for modules over a domain, that is, when the regular elements of the ring are all its nonzero elements.
BendingIn applied mechanics, bending (also known as flexure) characterizes the behavior of a slender structural element subjected to an external load applied perpendicularly to a longitudinal axis of the element. The structural element is assumed to be such that at least one of its dimensions is a small fraction, typically 1/10 or less, of the other two. When the length is considerably longer than the width and the thickness, the element is called a beam.