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Definitions and Synonyms of current account | Another word for current account | What is current account?

Definition 1: that part of the balance of payments recording a nation's exports and imports of goods and services and transfer payments - [noun denoting possession]

(current account is a kind of ...) a system that provides quantitative information about finances

(... is part of current account) a system of recording all of a country's economic transactions with the rest of the world over a period of one year

"a favorable balance of payments exists when more payments are coming in than going out"

Definition 2: a bank account against which the depositor can draw checks that are payable on demand - [noun denoting possession]

Synonyms for current account in the sense of this definition

(current account is a kind of ...) a fund that a customer has entrusted to a bank and from which the customer can make withdrawals

"he moved his bank account to a new bank"

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