current account
Pronunciation
/kˈɜːɹənt ɐkˈaʊnt/
British pronunciation
/kˈʌɹənt ɐkˈaʊnt/

Definition & Meaning of "current account"in English

Current account
01

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

Dialectbritish flagBritish
example
Examples
They offer free banking services with their current account.
I use my current account to pay bills and make purchases.
02

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

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