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View synonyms for current account
current account
noun
- Also called open account. an account of credits, debits, receipts, and expenditures between two individuals or companies, usually providing for settlement at the end of specified accounting periods.
- (in certain foreign countries) a checking account.
current account
noun
- an account at a bank or building society against which cheques may be drawn at any time US namechecking account Canadian namechequing account
- See capital accounteconomics that part of the balance of payments composed of the balance of trade and the invisible balance Compare capital account
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Word History and Origins
Origin of current account1
First recorded in 1840–50
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How does current account compare to similar and commonly confused words? Explore the most common comparisons:
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Example Sentences
The government’s chest thumping is nothing new, but a deeper look at the numbers exposes the reality of India’s trade and current account balance.
From Quartz
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