Usually means: Sum of current and capital accounts.
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We found 5 dictionaries that define the word basic balance:

General (1 matching dictionary)
  1. basic balance: Wiktionary

Business (4 matching dictionaries)
  1. MoneyGlossary.com (No longer online)
  2. Basic balance: bizterms.net
  3. Basic Balance: Investopedia
  4. Basic Balance: Financial dictionary

Definitions from Wiktionary (basic balance)

noun:  The net balance of the combination of the current account and the capital account in a balance of payments.

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