current account


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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 ?
Pakistan's current account deficit contracts 29.5% to $9.6b
The Statistics Division has reported that the current account deficit fell to $13.59 billion during the fiscal year 2018-19, as compared to $19.90 billion in the same period last year.
He said fiscal and current accounts deficits are huge challenges for the government, and economy can be put on growth trajectory by incorporating policies to overcome current accounts deficit.
The latest BOP surplus projection is equivalent to one percent of GDP while the current account deficit is 2.8 percent of GDP.
Statistics show that Pakistan's current account deficit fell by 27 percent during the first 9-month of FY2018-2019 largely because of lower goods import bill.
Part of the order aims to ensure that current account customers should receive an alert about unarranged overdraft charges before they incur them.
The current account deficit in July to April for fiscal year 2019 amounted to $11.58 billion compared to $15.86 billion for the same period for fiscal year 2018.
From a deficit equivalent to 2.6 percent of GDP in 2018, the IMF projected that the country's current account would fall to 2.2 percent of GDP this year.
"The current account remains financeable even as the deficit rose to 2.4percentof GDP(gross domestic product)in2018.
Clarifying a news item on current account deficit, appeared in a section of press on December 20, it said the news does not reflect the factual position, a Finance Division press release said.
The latest report by the State Bank of Pakistan shows the country has a current account deficit of $4.840 billion during July-October period of 2018-19, albeit declining by $232 million, from $5.072bn in the same period last year.
The current account deficit was $5.072 billion in July - October of the last fiscal year.