Definition of Current account

1. Noun. That part of the balance of payments recording a nation's exports and imports of goods and services and transfer payments.


2. Noun. A bank account against which the depositor can draw checks that are payable on demand.
Exact synonyms: Checking Account, Chequing Account
Generic synonyms: Bank Account
Geographical relationships: United States, Canada, Britain

Definition of Current account

1. Noun. That part of the balance of payments recording a nation's exports and imports of goods and services and transfer payments ¹

2. Noun. (British) A checking account at a bank ¹

¹ Source: wiktionary.com

Lexicographical Neighbors of Current Account

currejong
currejongs
currencies
currency
currency-code
currency adjustment factor
currency code
currency codes
currency overlay
currency risk
currency sign
currency war
current
current-account
current-events
current account (current term)
current accounts
current affairs
current density
current drive
current electricity
current events
current intelligence
current of air
current of injury
current unit
currenter
currentest
currently

Literary usage of Current account

Below you will find example usage of this term as found in modern and/or classical literature:

1. Judicial and Statutory Definitions of Words and Phrases by West Publishing Company (1904)
"A current account, as used In the statute. Is a running, passing, ... A current account Is one in which there has not been a balance agreed on and struck ..."

2. Denmark (2006)
"The current account surplus stood at 2.9% of GDP in 2005, mainly driven by a ... Given this background, the current account surplus should not be taken as ..."

3. OECD Economic Surveys: Hungary by OECD Staff (2005)
"Developments in the exchange rate and current account balance 240 260 280 300 320 340 A. The forint ¡n its fluctuation band stronger edge of the ..."

4. Accounting Practice and Procedure by Arthur Lowes Dickinson (1913)
"(1) Cash on current account with bankers. (2) Cash on deposit with bankers or others under varying conditions. (3) Cash in hands of officials of the concern ..."

5. Adjustment and Equity in Chile by Patricio Meller (1992)
"The current account shows higher deficits, reaching almost US$ 2.0 billion in l980 and over US$ 4.7 billion in l98l; these figures represent 7.7 per cent ..."

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