Current-account meaning

The component of a nation's balance of payments that includes the price of imports and exports, investment income, and unilateral transfers (such as gifts from foreigners).
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That part of the balance of payments recording a nation's exports and imports of goods and services and transfer payments.
noun
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(UK) A checking account at a bank.
noun
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Attributive form of current account, noun.
adjective
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Current-account Sentence Examples

  • The banks may buy up mortgages and advance money on current account on the security of land or buildings.

  • The scheme allows him to leave his salary in his current account for the whole month, bringing down his mortgage payments.

  • Business, Savings, cash collateral or Current account ).

  • maestro cards can be used at retailers or ATMs allowing funds to be debited straight from the holder's savings or current account.

  • overdrawn director 's current account with the company.

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Words near current-account in the Dictionary