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Current Account
(redirected from Current account surplus)

   Also found in: Dictionary/thesaurus, Legal, Acronyms, Encyclopedia, Wikipedia 0.01 sec.
Current account
Net flow of goods, services, and unilateral transactions (gifts) between countries.

Checking Account
An account at a bank in which a 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 checking account for a shorter period than in a savings account, a current account pays a slightly lower interest rate. Typically, one can write a check or use a debt card on a checking account, and banks expect customers to do so. The term "checking account" is more common in the United States. In the United Kingdom, the common term is "current account."


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Summary: Japan's Current Account surplus narrowed for the third consecutive month, printing at 1171.
Korea posts 2nd largest current account surplus ever in June SEOUL - South Korea posted the second-largest current account surplus ever in June as exports of steel and electronics products picked up, the central bank said Wednesday.
South Korea, Asia's fourth largest economy, posted a record current account surplus of just under 22 billion dollars in the year's first half, data showed Wednesday.
 
 
 
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