current account
Definitions
General English
- noun a bank account from which you can take money at any time
Accounting
Economics
- noun a bank account which pays little or no interest, but from which the customer can withdraw money when he or she wants by writing cheques.
- noun an account of the balance of payments recording a country’s imports and exports of goods and services and the money paid on or received from investments
Forex
- The state of a country's balance of trade, cash inflows and transfer payments resulting from current foreign trade activities as measured by net exports and net cash inflows. A surplus or deficit in the current account will produce a corresponding change in the value of the country's foreign assets and currency.
Health Economics
Law
- noun an ordinary account in a bank into which money can be deposited and on which cheques can be drawn
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