Current account


 

Home
Site Map
Add Term
Search
About Us
Contributors

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

Other current assets

Other current assets

Value of noncash assets, including prepaid expenses and accounts receivable, due within one year.


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.


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 prices

Current prices

Refers to prices in the present, rather than in some base year; e.g., "GDP at current prices" means GDP as measured, in contrast to real GDP, or "GDP at XXXX prices," where the latter is measured in the prices of year XXXX.


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.


Further Suggestions

Current coupon issues
Net current assets
Permanent spontaneous current Liabilities
Current rate method
Current maturity
current ratio
Spontaneous Current Liabilities
Current income
Current account balance
current income
Current issue
Permanent Current Assets
Current yield
Noncurrent asset
Current liabilities
Current income bonds
Current ratio
current cost accounting
Current assets
Current account deficit
high current income fund
Current production rate
Noncurrent liability
current assets
Current account surplus


 
All rights Reserved. Do not copy without permission. T4 Innovations Ltd