Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

English definition of “current account”

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.
(Definition of current account from the Cambridge Business English Dictionary © Cambridge University Press)
What is the pronunciation of current account?
Add Cambridge dictionaries to your browser to your website

More Business English definitions for “current account”

Definitions of “current account” in other dictionaries

Word of the Day

shadow

an area of darkness, caused by light being blocked by something

Word of the Day

Highly delighted, bitterly disappointed, ridiculously cheap: adverbs for emphasis.

by Liz Walter,
October 22, 2014
We often make adjectives stronger by putting an adverb in front of them. The most common ones are very and, for a stronger meaning, extremely: He was very pleased. The ship is extremely large. However, we don’t use very or extremely for adjectives that already have a strong meaning, for example fantastic,

Read More 

life tracking noun

October 20, 2014
the use of one or more devices or apps to monitor health, exercise, how time is spent, etc.

Read More