current account


Also found in: Thesaurus, Medical, Legal, Financial, Acronyms, Encyclopedia, Wikipedia.

current account

n.
The component of a nation's balance of payments that includes the price of imports and exports, investment income, and unilateral transfers (such as gifts from foreigners).

current account

n
1. (Banking & Finance) an account at a bank or building society against which cheques may be drawn at any time. US name: checking account Canadian name: chequing account
2. (Economics) economics
a. that part of the balance of payments composed of the balance of trade and the invisible balance. Compare capital account1
b. (as modifier): a current-account deficit.

current account

The part of the balance of payments composed of the balance of trade and the invisible balance.
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.current account - that part of the balance of payments recording a nation's exports and imports of goods and services and transfer payments
accounting - a system that provides quantitative information about finances
balance of international payments, balance of payments - a system of recording all of a country's economic transactions with the rest of the world over a period of one year; "a favorable balance of payments exists when more payments are coming in than going out"
2.current account - a bank account against which the depositor can draw checks that are payable on demand
bank account - a fund that a customer has entrusted to a bank and from which the customer can make withdrawals; "he moved his bank account to a new bank"
Britain, Great Britain, U.K., UK, United Kingdom, United Kingdom of Great Britain and Northern Ireland - a monarchy in northwestern Europe occupying most of the British Isles; divided into England and Scotland and Wales and Northern Ireland; `Great Britain' is often used loosely to refer to the United Kingdom
Translations
حِسَاب جارٍحِساب جارِ
běžný účet
lønkontoanfordringskontocheckkonto
käyttötili
tekući račun
hlaupareikningur; ávísanareikningur
当座預金
당좌 계정
bežný účet
checkkonto
บัญชีกระแสรายวัน
tài khoản vãng lai

current account

n (Brit) (Bank) → conto corrente

current

(ˈkarənt) , ((American) ˈkə:-) adjective
of or belonging to the present. current affairs; the current month; the current temperature.
noun
1. (the direction of) a stream of water or air. the current of a river.
2. (a) flow of electricity. an electrical current.
ˈcurrently adverb
at the present time. John is currently working as a bus-driver.
current account
an account with a bank from which money may be withdrawn by cheque.

electric current (not currant); current (not currant) affairs.

current account

حِسَاب جارٍ běžný účet lønkonto Girokonto τρεχούμενος λογαριασμός cuenta corriente käyttötili compte courant tekući račun conto corrente 当座預金 당좌 계정 lopende rekening brukskonto rachunek bieżący conta corrente текущий счет checkkonto บัญชีกระแสรายวัน cari hesap tài khoản vãng lai 活期账户
References in periodicals archive ?
The Competition and Markets Authority (CMA), which is part-way through an investigation into the banking sector, has found that current account customers could be between PS70 and PS260 a year better off by moving to a deal that really suits their needs.
Many current account providers are offering people cash to switch, and some current accounts and cards are also offering cashback on customers' spending.
Some 55 per cent of people surveyed were unable to determine the value they are getting, a report, titled Current Account Switching - the Consumer Reality, which was published by Tesco Bank found.
Tesco Bank said that the monthly statements of its current account customers will show "foregone interest" - the amount of interest that they could have earned if they had transferred their current account balance in to an instant access savings account with the bank.
As per media reports State Bank of Pakistan (SBP) has said in its report that during the period of July to March in the fiscal year 2015 current account deficit declined by 1.
The Danish central bank has announced that it will not lift a current account cap in order to help banks.
M&S Current Account holders can put up to PS250 a month into a separate savings account and earn up to PS78.
The Current Account Switch Service was meant to revolutionise the industry by making it easier for fed-up customers to move to rivals.
Due to changes in regulatory frameworks and competitive dynamics, retail banking and its current account business have changed gradually during the last decade.
The average of the 19 economists' predictions for the year-end current account deficit was $47.
Commenting on the launch of the Sweep Current Account, Tooran Asif, Head of Personal Banking said: "The Sweep Current Account marks another innovative step from Mashreq.
The current account balance is the broadest measure of Japan's trade with other countries, including goods, services, tourism and investment.