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Current Account |
Also found in: Dictionary/thesaurus, Legal, Encyclopedia, Wikipedia, Hutchinson | 0.03 sec. |
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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. |
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| Total sales for month + sales taxes + freight charges) - (Cash sales + payments on current accounts receivable during month + sales returns and allowances) = Current accounts receivable 6 EXCHANGE RATES CURRENT ACCOUNTS End of Period % of GDP 2002 2003E 2004F 2002 2003E 2004F ARGENTINA 3. This report analyzes the major product features and pricing trends of the UK retail deposit market, covering the following product categories: Ordinary savings accounts; Regular savings accounts; Mini Cash ISAs; Current accounts with and without overdrafts; Foreign currency accounts: Offshore USD accounts, offshore Euro accounts, onshore Euro accounts, and onshore Euro current accounts. |
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