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 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 rate method

Current rate method

The translation of all foreign currency balance sheet and income statement items at the current exchange rate.


Current yield

Current yield

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


Noncurrent asset

Noncurrent asset

Any asset that is expected to be held for the whole year, not sold or exchanged, such as real estate, machinery, or a patent.


Current liabilities

Current liabilities

Amount owed for salaries, interest, accounts payable and other debts due within 1 year.


Further Suggestions

Noncurrent liability
Current prices
High current income mutual fund
Current ratio
Current coupon issues
Current production rate
current assets
current cost accounting
Current income bonds
Permanent Current Assets
Current account surplus
Current assets
Current coupon
Other current assets
Current account balance
Balance on current account
Net current assets
current income
current ratio
Spontaneous Current Liabilities
Permanent spontaneous current Liabilities
Current account deficit
Current income
Current issue
current liabilities


 
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