adjective

1. Obsolete running or flowing
2. 1. now going on; now in progress the current month, his current job
   2. at the present time; contemporary current fashions
   3. of most recent date the current edition
3. passing from person to person; circulating current money, current rumors
4. commonly used, known, or accepted; prevalent a current term
5. Accounting
   1. designating any asset that would normally be converted into cash within one year
   2. designating any liability that must be paid within one year

Etymology: altered (infl. by L) < ME curraunt < OFr curant, prp. of courre < L currere, to run < IE base *kers-, to run, wagon > Gaul carros

noun

1. a flow of water or air, esp. when strong or swift, in a definite direction; specif., such a flow within a larger body of water or mass of air
2. a general tendency or drift; course
3. Elec. the flow or rate of flow of electrons, ions, or holes in a conductor or medium between two points having a difference in potential, measured in amperes and equal to the ratio of the voltage to the resistance: symbol, I