Current account

/kˈʌɹənt ɐkˈaʊnt/

/kˈɜːɹənt ɐkˈaʊnt/

Current account

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

a bank account that allows frequent deposits and withdrawals, typically using checks, with no prior notice required

synonyms : chequing account

Examples

1. Just the current account, negativity is a problem.

2. The current account is pretty small.

3. The current account records the sale and purchase of goods and services, investment income earned abroad, and other transfers like donations and foreign aid.

4. The current account surplus goes, whoo, to 0.