| Dictionary, Encyclopedia and Thesaurus - The Free Dictionary 1,759,339,067 visitors served. |
|
Dictionary/ thesaurus | Medical dictionary | Legal dictionary | Financial dictionary | Acronyms | Idioms | Encyclopedia | Wikipedia encyclopedia | ? |
Current Account |
Also found in: Legal, Acronyms, Encyclopedia, Wikipedia, Hutchinson | 0.03 sec. |
|
Current account Net flow of goods, services, and unilateral transactions (gifts) between countries. Current Account An account at a bank in which the customer deposits money for immediate use. For example, one may utilize a checking account for one's monthly expenses such as a mortgage payment or groceries. Because most customers keep money in a current account for a longer period than a savings account, a current account pays a slightly lower interest rate. Generally speaking, one may write a check on a current account, and banks expect the customer to do so. The term "current account" is more common in the United Kingdom. In the United States, the common term is "checking account." How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
|
| ? Mentioned in | ? References in periodicals archive | ||
|---|---|---|---|
| current account deficit is substantial, both in size and as a share of GDP. The current account deficit ceased to be an object of monetary policy, and inflation became implicitly the RBA's sole objective. trade balance, and you get a current account deficit that reached $665. |
| Financial Dictionary |
| Free Tools: |
For surfers:
Free toolbar & extensions |
Word of the Day |
Help
For webmasters: Free content | Linking | Lookup box | Double-click lookup | Partner with us |
|---|