9 Grammatical Pitfalls

capital account

a business account stating the owner's or shareholder's interest in the assets.
capital accounts, Accounting. accounts showing the net worth in a business enterprise.
Origin of capital account
1890-95 Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2015.
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Examples from the web for capital account
  • In a bank, there is a capital account and a suspense account.
  • The net outcome for the dollar depends on the combination of the trade effects and the capital account effects.
  • What a reserve-currency country must do is to have an open capital account, so that foreigners can have access to its currency.
  • Over time, regulation of the capital account might become as respectable as banking regulation.
  • The three categories are the current account, the capital account, and the financial account.
  • They consist of a current account, a capital account, and a financial account.
British Dictionary definitions for capital account

capital account

(economics) that part of a balance of payments composed of movements of capital and international loans and grants Compare current account (sense 2)
(accounting) a financial statement showing the net value of a company at a specified date. It is defined as total assets minus total liabilities and represents ownership interests
(US) an account of fixed assets
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition
© William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012
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