Current account deficit


 

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Current account deficit

Debits minus credits on current account. See deficit.



Similar Matches

Current account

Current account

A bank account which offers a number of facilities including cheque book for debt settlement, deposits, direct debits and where applicable, overdrafts. This type of account is normally used for ongoing transactions (for example monthly direct debits and writing of cheques etc.) as opposed to a deposit account.A balance of payments account listing transactions other than capital movement.An account listing transactions between trading companies.


Current coupon

Current coupon

A bond selling at or close to par, that is, a bond with a coupon close to the yields currently offered on new bonds of a similar maturity and credit risk.


High current income fund

High current income fund

A fund which aims to pay a high dividend to its shareholders by investing in bonds or other companies which themselves produce good income, either through high rates of interest or high dividend yields.The focus of such a fund is resolutely on income and does not seek capital appreciation. Of course, really high income can sometimes only come from accepting more risk in investments. Junk bonds, now referred to as high yield bonds, pay high levels of interest precisely because the companies that issue them have soft credit ratings.


Current liabilities

Current liabilities

Debts owed by a company which are due for settlement within 12 months. These include creditors and taxes due etc.


Current account surplus

Current account surplus

Credits minus debits on current account. Same as balance on current account. See surplus.


Further Suggestions

Current assets
Current yield
Permanent Current Assets
Current ratio
Spontaneous Current Liabilities
Current prices
Current account balance
Current production rate
Noncurrent liability
current income
Current maturity
Current income
Net current assets
Balance on current account
Current account
Current rate method
Current liabilities
Other current assets
Current income bonds
current cost accounting
current assets
Permanent spontaneous current Liabilities
Current account
Noncurrent asset
Current coupon issues


 
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