current account

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  • noun

Synonyms for current account

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

a bank account against which the depositor can draw checks that are payable on demand

References in periodicals archive ?
A second example, however, shows just the opposite relationship between the current-account balance and the exchange rate.
Under the so-called quantitative monetary easing, the BOJ has raised the current-account balance target several times to pour more liquidity into the banking system.
It is also the highest level since March, when the BOJ shifted its money-market policy tool to the current-account balance from the key unsecured call money rate under its so-called quantitative relaxation of monetary policy.
The current-account balance is the difference between a country's income from foreign sources and foreign obligations payable, excluding net capital investment.
Banks also said that some interest has to be allowed on current-account balances.
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