current account

/ˌkʌrənt əˌkaʊnt/

/ˈkʌrənt əˈkaʊnt/

Other forms: current accounts

Definitions of current account

1. noun

   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. noun

   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