account current English

Meaning account current meaning

What does account current mean?

account current noun

— (finance) A regularly updated record of transactions between two parties showing what is owed or due to each party or a statement summarising the position

Synonyms account current synonyms

What other words have the same or similar meaning as account current?

account current English » English

accumulator

ac

A/C

Examples account current examples

How do I use account current in a sentence?

News and current affairs

Indeed, America's current-account position strengthened despite the dollar's appreciation in the face of safe-haven demand.

Now, with household debt sustained on a knife-edge after feverish government intervention, the fiscal position has deteriorated dramatically and the current-account balance has worsened again.

In the short run, the US current-account deficit will remain, regardless of which country runs bilateral surpluses.

Thus, China's continued reinvestment of its current-account surplus in US government securities is of utmost important for US growth and financial stability.

Given that America benefits mightily from China's purchases of US government securities, it is difficult to understand why the US government and Congress have been complaining so much about the bilateral current-account deficit.

The good news is that, following President Hu Jintao's recent visit to Washington, both America and China have been taking positive steps to resolve their differences over the bilateral current-account balance.