capital account(redirected from Capital account deficit)
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Related to Capital account deficit: Current account deficit, Current account surplus, Capital account surplus, Balance of Payment
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.
A calculation of the amount of money coming into and going out of a country. The capital account is calculated by netting the public and private investments within the country with those the government and domestic companies are making outside the country. For example, one must net the foreign direct investment in the country with the FDI the government and businesses are making in other countries to come up with part of the calculation of the capital account. Other inputs into the capital account include (but are not limited to) bank accounts and changes in the amount of domestic and foreign holders of stocks, bonds, and currencies.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
- 1the section of the NATIONAL INCOME ACCOUNTS that records INVESTMENT expenditure by government on infrastructure such as roads, hospitals and schools; and investment expenditure by the private sector on plant and machinery.
- the section of the BALANCE OF PAYMENTS
Collins Dictionary of Economics, 4th ed. © C. Pass, B. Lowes, L. Davies 2005