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 ?
The permanence of improvement in current account also depends on the elasticity of substitution between oil and other energy sources.
He also recalled that there was Current Account surplus, when BJP was in power Yashwant Sinha was the Finance Minister during NDA's rule.
Competition among banks and building societies is set to step up a gear in the coming months, when new rules come into place promising to make it much easier to switch your current account.
The introduction of the current account is the next step in the Post Office''s strategy of growing its financial services offering.
The Commerce Department says the current account deficit in the October-December quarter narrowed to $110.
The current account deficit is a major challenge for the economy and there is a need to bring it down to moderate levels, he told reporters on the sidelines of a function.
As per our expectations, the current account and trade balance surpluses that dipped in 2009 experienced an impressive recovery in 2010 with current account & trade balances estimated reaching SR250.
British banks are doing away with interest payouts on current accounts.
Nearly six out of ten people have had the same current account for more than a decade while 18 per cent of people have been with their bank for more than 30 years.
Now that share could be challenged with the launch of the new current account on July 2 from Abbey Banking - how the hapless Baker Street boys have beefed up their act since the Spaniards waltzed into town and took them over in October, 2004 - paying 8% interest on current account balances up to pounds 2,500.
Two simulations demonstrate that small changes in the growth rate of wealth can have sizeable impacts on current account movements, altering the current account as a percent of GDP by as much as two percentage points.
The Barclays rate is just a bit of a gimmick to attract more current account customers," says Susan Hannums, savings manager at financial advisers AWD Chase de Vere.