current account

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Related to Current account deficit: Capital account deficit, Fiscal Deficit

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).
American Heritage® Dictionary of the English Language, Fifth Edition. Copyright © 2016 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

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.
Collins English Dictionary – Complete and Unabridged, 12th Edition 2014 © HarperCollins Publishers 1991, 1994, 1998, 2000, 2003, 2006, 2007, 2009, 2011, 2014

current account

The part of the balance of payments composed of the balance of trade and the invisible balance.
Dictionary of Unfamiliar Words by Diagram Group Copyright © 2008 by Diagram Visual Information Limited
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
Based on WordNet 3.0, Farlex clipart collection. © 2003-2012 Princeton University, Farlex Inc.
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
Collins Italian Dictionary 1st Edition © HarperCollins Publishers 1995

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.
Kernerman English Multilingual Dictionary © 2006-2013 K Dictionaries Ltd.

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
Multilingual Translator © HarperCollins Publishers 2009
References in periodicals archive ?
Turkey's annual current account deficit in 2016 was around $32.5 billion, relatively stable compared to the previous year's figure of $32.1 billion.
The Additional Secretary Ministry of Finance briefed the Committee that current account deficit is likely to remain from 15 to 16 billion US dollar.
While presenting the amended Finance Bill 2018 in the National Assembly on Tuesday, Finance Minister Asad Umar said the full year's current account deficit would widen to $21 billion from last year's $18 billion, if his government would not take corrective measures through the mini-budget.
Karachi -- Pakistan's current account deficit (CAD) has narrowed by 4.5 percent to $4.84 billion during first four months of fiscal year 2018/2019, according to Balance of Payment (BOP) details released by State Bank of Pakistan (SBP) on Thursday.
New Delhi: India's current account deficit is likely to rise to 3 percent of GDP in the July-September quarter of current fiscal, from 2.4 percent in the preceding quarter, driven mainly by high crude oil prices, ICRA said Monday.
The current account deficit was also seen further ballooning to $8.4 billion next year, putting further pressure on the peso.
The current account deficit lies at the heart of economy's difficulties since it is primarily responsible for devouring foreign exchange reserves that have dropped to slightly more than a month's export cover since hitting a peak of five months import cover in October 2016.
Mr Tariq believes the hike in interest rates by the central bank, rupee depreciation, increase in taxes on imports had helped drive down the current account deficit.
Cumulatively, in first seven months (July-January) of the current fiscal year, the current account deficit declined 17% to $8.42 billion compared to $10.12 billion in the same period of previous year, according to the SBP.
Current account deficit still manageable DOF !-- -- Mary Grace Padin (The Philippine Star) - March 25, 2019 - 12:00am MANILA, Philippines The country's current account deficit has remained manageable despite widening to a record high of $7.9 billion in 2018, a senior official of the Department of Finance (DOF) said over the weekend.
The huge current account deficit in the last fiscal year has proven to be a challenge for the economy, and the incumbent government, after taking power shifted its entire focus to fill up the gap.