|
Current account |
|
|
|
Home Site Map Add Term Search About Us Contributors |
Current accountA country's international transactions arising from current flows, as opposed to changes in stocks which are part of the capital account. Includes trade in goods and services (including payments of interest and dividends on capital) plus inflows and outflows of transfers.Current accountNet flow of goods, services, and unilateral transactions (gifts) between countries.Current accountA 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.Similar MatchesBalance on current accountBalance on current accountA country's receipts minus payments for current account transactions. Equals the balance of trade plus net inflows of transfer payments. Noncurrent liabilityNoncurrent liabilityA liability due in one year. Spontaneous Current LiabilitiesSpontaneous Current LiabilitiesShort-term obligations that automatically increase and decrease in response to financing needs, such as accounts payable. Noncurrent assetNoncurrent assetAny asset that is expected to be held for the whole year, not sold or exchanged, such as real estate, machinery, or a patent. Current rate methodCurrent rate methodThe translation of all foreign currency balance sheet and income statement items at the current exchange rate. Further SuggestionsNet current assetshigh current income fund Current income High current income mutual fund current cost accounting Current income bonds Current ratio Current account balance Current coupon issues Current liabilities Permanent spontaneous current Liabilities Current maturity current liabilities Current account surplus Current yield current assets Permanent Current Assets current ratio current income Current assets Current prices Current production rate Current issue Current coupon Current account deficit |
|
|
|