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Current account   /kˈərənt əkˈaʊnt/   Listen
Current account

noun
1.
That part of the balance of payments recording a nation's exports and imports of goods and services and transfer payments.
2.
A bank account against which the depositor can draw checks that are payable on demand.  Synonyms: checking account, chequing account.





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"Current account" Quotes from Famous Books



... date June 1, 1871, an entry against George Gaunson, 'Cash for penalty per current account, 4, 2s. 2d.:' what does that mean?-He was summoned to court for some wrecked timber that he was in possession of, and that was his penalty, which was ...
— Second Shetland Truck System Report • William Guthrie
... to a current account," he explained, "in your own name. Have you any papers with you—for ...
— The Cinema Murder • E. Phillips Oppenheim
... dependence on foreign trade. Denmark probably will continue its successful economic recovery in 1992 with tight fiscal and monetary policies and export- oriented growth. Prime Minister Schluter's main priorities are to maintain a current account surplus in order to pay off extensive external debt and to continue to freeze public-sector expenditures in order to reduce the budget deficit. The rate of growth by 1993 - boosted by increased investment and domestic demand - may be sufficient to start to cut Denmark's high unemployment ...
— The 1992 CIA World Factbook • United States. Central Intelligence Agency.


Words linked to "Current account" :   balance of payments, accounting, bank account, balance of international payments, Britain


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