Noun1.current account- that part of the balance of payments recording a nation's exports and imports of goods and services and transfer payments accounting- a system that provides quantitative information about finances balance of international payments,balance of payments- a system of recording all ...
Define Account Currents. Account Currents synonyms, Account Currents pronunciation, Account Currents translation, English dictionary definition of Account Currents. a running or continued account between two or more parties, or a statement of the particu
Current account definition: an account of credits, debits, receipts, and expenditures between two individuals or companies, usually providing for settlement at the end of specified accounting periods.. See examples of CURRENT ACCOUNT used in a sentence.
Limitations of Savings Account Definition of Current Account Features of Current Account Benefits of Current Account Limitations of Current Account Difference between Savings Account and Current Account Conclusion Introduction When it comes to managing finances, two common types of bank accounts that individu...
Ch 21. Risk Management in Business Ch 22. Accounting Basics Ch 23. Money and Financial Institutions Ch 24. Financial Management in Business Ch 25. Securities Markets and Business Ch 26. Studying for Business 100What Is a Current Account? - Definition & Examples Related Study Materials Browse ...
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
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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...
the current account balance often displays a cyclical trend. During a strongeconomic expansion, import volumes typically surge; if exports are unable to grow at the same rate, the current account deficit will widen. Conversely, during a recession, the current...
Other current liabilities, in financial accounting, are categories ofshort-term debtthat are lumped together on the liabilities side of thebalance sheet. The term "current liabilities" refers to items of short-term debt that a firm must pay within 12 months. To that, companies add the word "...