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current account

PRIMARY MEANINGS OF: current account

1
n
that part of the balance of payments recording a nation's exports and imports of goods and services and transfer payments
2
n
a bank account against which the depositor can draw checks that are payable on demand
FULL DEFINITIONS OF: current account
1

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

Type of:
accounting
a system that provides quantitative information about finances
2

n a bank account against which the depositor can draw checks that are payable on demand

Synonyms:
checking account, chequing account
Type of:
bank account
a fund that a customer has entrusted to a bank and from which the customer can make withdrawals
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