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View synonyms for current account

current account

noun

  1. 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.
  2. (in certain foreign countries) a checking account.


current account

noun

  1. an account at a bank or building society against which cheques may be drawn at any time US namechecking account Canadian namechequing account
  2. economics that part of the balance of payments composed of the balance of trade and the invisible balance Compare capital account
“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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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.

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