balance of payments current account Meaning in the Cambridge English Dictionary Cambridge dictionaries logo

Meaning of “balance of payments current account” in the English Dictionary

"balance of payments current account" in Business English

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balance of payments current accountnoun [singular]

uk   us   (also external account)
ECONOMICS a ​record of the ​movement of ​money into and out of a country from ​trade in ​goods and ​services: The Reserve Bank ​Governor is ​reported to be unconcerned about the ​balance of ​paymentscurrentaccountdeficit.
(Definition of balance of payments current account from the Cambridge Business English Dictionary © Cambridge University Press)
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