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English definition of “current account”

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current account

noun [C]
 
 
( abbreviation C/A) UK
( UK also cheque account, US checking account) BANKING a bank account that you can take money from at any time and use for making payments , that usually earns little or no interest: She opened a current account with an online bank.in/into sb's current account He is considering what to do with around £5,000 he has in his current account.out of/from sb's current account I transfer my mortgage repayments monthly from my current account. a current account holder/customer
ECONOMICS a measure of the money going into and out of a country in the form of exports and imports, income from interest and payments from foreign stocks, and other payments: Much of the improvement in the current account balance has come from a sharp decline in imports. This year has seen the country's first current account surplus in a decade.
Translations of “current account”
in Chinese (Traditional) 活期存款帳戶, 往來帳戶…
in Russian текущий счет…
in Turkish vadesiz hesap, çek hesabı…
in Chinese (Simplified) 活期存款账户, 往来账户…
in Polish rachunek bieżący…
(Definition of current account from the Cambridge Business English Dictionary © Cambridge University Press)
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