Current account


 

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Current account

A 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 account

Net flow of goods, services, and unilateral transactions (gifts) between countries.

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.



Similar Matches

High current income mutual fund

High current income mutual fund

A mutual fund whose primary goal is to produce a high level of income by making higher-risk investments in instruments such as junk bonds.


Current coupon issues

Current coupon issues

Related: Benchmark issues


Current maturity

Current maturity

Current time to maturity on an outstanding debt instrument.


Spontaneous Current Liabilities

Spontaneous Current Liabilities

Short-term obligations that automatically increase and decrease in response to financing needs, such as accounts payable.


Current yield

Current yield

For bonds or notes, the coupon rate divided by the market price of the bond.


Further Suggestions

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Permanent Current Assets
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Noncurrent liability
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Noncurrent asset
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Other current assets
Balance on current account
Net current assets
Current rate method
Current account balance
current cost accounting
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Current prices
Current assets
Permanent spontaneous current Liabilities
Current coupon
Current issue
Current income


 
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