Explanation:

Balance of Payments:
The balance of payments (BOP) is a record of all transactions made between one particular country and all other countries during a specific time period. It consists of the current account, capital account, and financial account.

Dis-equilibrium in Balance of Payments:
Dis-equilibrium in the balance of payments occurs when there is a deficit or surplus in the current account. A deficit means that a country's imports of goods and services exceed its exports, while a surplus means that a country's exports exceed its imports.

Accommodating Transactions:
To cover the dis-equilibrium in the balance of payments, countries undertake accommodating transactions. These transactions are aimed at either reducing a deficit or utilizing a surplus in the current account.

Definition:
Transactions which are undertaken to cover the dis-equilibrium (deficit or surplus) in the balance of payments are called accommodating transactions.

Example:
1. Deficit in Balance of Payments:
- If a country has a deficit in its current account, it means that it is importing more than it is exporting. To cover this deficit, the country may undertake accommodating transactions such as borrowing from foreign lenders, attracting foreign investment, or reducing imports.

2. Surplus in Balance of Payments:
- If a country has a surplus in its current account, it means that it is exporting more than it is importing. To utilize this surplus, the country may undertake accommodating transactions such as investing in foreign countries, providing loans to other countries, or increasing imports.

Conclusion:
Accommodating transactions are undertaken to cover the dis-equilibrium in the balance of payments. These transactions help countries manage deficits or surpluses in the current account, ensuring that the overall balance of payments remains stable.