Define Current account balance. Current account balance synonyms, Current account balance pronunciation, Current account balance translation, English dictionary definition of Current account balance. n. The component of a nation's balance of payments tha
1.(Banking & Finance) an account at a bank or building society against which cheques may be drawn at any time. US name:checking accountCanadian name:chequing account 2.(Economics)economics a.that part of the balance of payments composed of the balance of trade and the invisible balance. Co...
Browse by Lessons Australia's Balance of Payments Trade Surplus Definition, Effects & Example Trade Deficit: Definition, Benefits & Effects Economic Power Definition, Sources & Ranking Create an account to start this course today Used by over 30 million students worldwide Create an account Explore...
One of three components of a country’s balance of payments system, the current account is the country’s trade balance, or the balance of imports and exports of goods and services, plus earnings on foreign investments minus payments to foreign investors. The other two components are the capita...
Current account deficit)Also found in: Dictionary, Thesaurus, Legal, Financial, Encyclopedia. Related to Current account deficit: Capital account deficit, Fiscal DeficitCategory filter: AcronymDefinition CAD Computer-Aided Design CAD Canadian Dollar CAD Computer-Aided Detection CAD Computer-Aided Drafting...
He draws from his studies of economics and multiple years of bookkeeping experience where he helped businesses understand and measure their financial health. Spend Management Continue learning with BILL Invoice discounting: What it is & how it works Account reconciliation: Definition, types & best ...
Updated charts and forecasts on Panama Current Account Balance (% of GDP). Get access to accurate economic data and projections now.
Provides an estimate of the sustainable current account balance for the U.S. economy and assesses the implications of this estimate for the existing current account and level of foreign indebtedness. Definition of current account; Discussion on foreign debt and the current account; Explanation on way...
By definition, current account deficit means the nationconsumesmore than it earns; capital account surplus means the nation has more FDI than outward direct investment. The connection is those countries, typically China, who earned a huge amount of USD from export to U.S. and came back to inv...
however, we will have to be somewhat more objective in defining a monopolist. Our definition of monopoly is one that will be as applicable to small businesses as it is to companies selling on a nation-wide basis. Thus, amonopolistis defined as asingle supplierthat constitutes the entire indus...