current account English

Meaning current account meaning

What does current account mean?

current account

— noun that part of the balance of payments recording a nation's exports and imports of goods and services and transfer payments

— noun (= checking account) a bank account against which the depositor can draw checks that are payable on demand

Synonyms current account synonyms

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

current account English » English

checking account

chequing account

transactional account

journal book

journal account

journal

interacting computation

demand deposit

day-to-day account

current items

cash account

blotter

balance des paiements courants

CA

Examples current account examples

How do I use current account 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.