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

Balance on current account

Balance on current account

A country's receipts minus payments for current account transactions. Equals the balance of trade plus net inflows of transfer payments.


Noncurrent liability

Noncurrent liability

A liability due in one year.


Spontaneous Current Liabilities

Spontaneous Current Liabilities

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


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 rate method

Current rate method

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


Further Suggestions

Net current assets
high 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


 
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