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  1. Dictionary
    current account

    noun

    • 1. an account at a bank or building society from which money may be withdrawn without notice, typically an active account catering for frequent deposits and withdrawals by cheque. British

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  2. www.investopedia.com › terms › cCurrent Account: Definition and What Influences It - Investopedia

    May 31, 2024 · The current account is one-half of the balance of payments, the other half being the capital account. While the capital account measures cross-border investments in financial...

  3. www.thebalancemoney.com › current-account-definition-and-4Current Account: Definition and 4 Components - The Balance

    Dec 31, 2021 · The nation’s current account is its imports, exports, net income, asset income, and direct transfers. A positive current account means the nation earns more than it spends. A negative account means it spends more than it earns.

  4. corporatefinanceinstitute.com › economics › current-accountCurrent Account - Definition, How It Works, Components

    What is the Current Account? One of three components of a country’s balance of payments system, the current account is the country’s trade balance, or the balance of imports and exports of goods and services, plus earnings on foreign investments minus payments to foreign investors.

  5. www.investopedia.com › insights › exploring-current-account-inCurrent Account Balance Definition: Formula, Components, and Uses

    Jun 26, 2024 · The current account is the sum of net income from abroad, net current transfers, and the balance of trade. The balance of payments includes the current account and the capital...

  6. en.wikipedia.org › wiki › Current_account_(balance_of_payments)Current account (balance of payments) - Wikipedia

    Current account measures the nation's earnings and spendings abroad and it consists of the balance of trade, net primary income or factor income (earnings on foreign investments minus payments made to foreign investors) and net unilateral transfers, that have taken place over a given period of time.

  7. www.khanacademy.org › v › balance-of-payments-current-accountBalance of payments: Current account (video) | Khan Academy

    Learn about the balance of payments (BOP) in this video that explores the current account for the United States in 2011. Topics include what is included in the current account balance and what a current account deficit is. Created by Sal Khan.

  8. www.moneysupermarket.com › current-accounts › what-is-aWhat is a current account? | MoneySuperMarket

    Feb 26, 2024 · A current account is a type of bank account, our guide explains how they work, their pros and cons and if you need one. In the hustle and bustle of daily life, managing finances efficiently is crucial. A current account serves as the backbone of personal finance, facilitating daily transactions.