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Meaning of current account

Source language: EnglishDictionary language: English

current account

noun

Definitions

  1. That part of the balance of payments recording a nation's exports and imports of goods and services and transfer payments

  2. A checking account (US) at a bank which is used for daily transactions, as opposed to a deposit account or savings account.

Sources:https://en.wiktionary.org/wiki/current%20account

Related words

basic balancecapital accountbalance of paymentsaccount currentbank balancebook accounttrade balanceaccount statement