“Current balance.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/current%20balance. Accessed 14 Aug. 2024. Copy Citation Share Post the Definition of current balance to Facebook Facebook Share the Definition of current balance on Twitter Twitter ...
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Related to Current account balance:balance of payments,Current account deficit current account n. Thecomponentof anation'sbalanceofpaymentsthatincludesthepriceofimportsandexports,investmentincome,andunilateraltransfers(suchasgiftsfromforeigners). AmericanHeritage®DictionaryoftheEnglishLanguage,FifthEdition.Copyright...
Current balance definition: an instrument for measuring electric currents, in which the magnetic force between two current-carrying coils is balanced against a weight.. See examples of CURRENT BALANCE used in a sentence.
The current balance accounts for all recent transactions, including those that have not yet been cleared. Customers can use any or all of the available balance. If you want to avoid interest charges on a credit card, pay the statement balance in full by the due date. You do not have to...
The current account balance (CAB) is part of a country's financial inflow and outflow record. It is part of the balance of payments, the statement of all transactions made between one country and another. Thebalance of payments(BOP) is the place where countries record their monetary transacti...
Current Assets = Cash + Cash Equivalents + Marketable Securities + Accounts Receivable + Inventory + Supplies + Prepaid Expenses + Other Liquid Assets Another way current assets can be used on your balance sheet is for calculating liquidity ratios. By showing you the balance of assets to liabiliti...
Includes the monthly value of the following items under the customer's name: (i)The average amount of the total day-end balance of the deposit balance in the savings and current accounts, the principal amount of time deposits, contributed amounts of the Club Deposits, value of the investment...
Current assets will turn into cash within a year from the date displayed at the top of the balance sheet. A balance sheet is a financial statement that shows a business‘ assets and how they’re financed, through debt or equity. The balance sheet reports on an accounting period, which is...
Related to Balance of Payment:balance of trade,current account balance of payments n. A systematic record of a nation's total payments to foreign countries, including the price of imports and the outflow of capital and gold, along with the total receipts from abroad, including the price of ...