current account Meaning in the Cambridge English Dictionary Cambridge dictionaries logo

Meaning of “current account” in the English Dictionary

"current account" in British English

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current accountnoun [C]

uk   us   UK (US checking account)
a ​bankaccount that you can take ​money from at any ​time and that usually ​earns little or no ​interest
(Definition of current account from the Cambridge Advanced Learner’s Dictionary & Thesaurus © Cambridge University Press)

"current account" in Business English

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current accountnoun [C]

uk   us   ( abbreviation C/A) UK
( UK also cheque account, US checking account) BANKING a ​bankaccount that you can take ​money from at any ​time and use for making ​payments , that usually ​earns little or no ​interest: She opened a ​currentaccount with an ​onlinebank.in/into sb's current account He is considering what to do with around £5,000 he has in his ​currentaccount.out of/from sb's current account I ​transfer my ​mortgagerepayments monthly from my ​currentaccount. a currentaccountholder/​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 ​foreignstocks, and other ​payments: Much of the ​improvement in the currentaccountbalance has come from a ​sharpdecline in ​imports. This ​year has seen the country's first currentaccountsurplus in a decade.
(Definition of current account from the Cambridge Business English Dictionary © Cambridge University Press)
Translations of “current account”
in Chinese (Simplified) 活期存款账户, 往来账户…
in Turkish vadesiz hesap, çek hesabı…
in Russian текущий счет…
in Chinese (Traditional) 活期存款帳戶, 往來帳戶…
in Polish rachunek bieżący…
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“current account” in Business English

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