capital account

(redirected from Capital account surplus)
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Related to Capital account surplus: Capital account deficit
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  • noun

Words related to capital account

(economics) that part of the balance of payments recording a nation's outflow and inflow of financial securities

(finance) an account of the net value of a business at a specified date

References in periodicals archive ?
capital account surplus surged in the early years of each of the four decades beginning in the 1980s.
Putting aside errors and omissions in the data, the capital account surplus is necessarily equal to the current account deficit.
The capital account surplus and associated current account deficit in both Canada and the United States have grown substantially over the last 20 years.
Moreover the adjustment process in response to changes in investment inflows is sharply different when currencies are not attached to parities, since this process must ensure that the current account deficit changes as the capital account surplus changes.
Both the current account surplus and the capital account surplus rose to 4.4 per cent of GDP, with the latter boosted by the record-high drawdown of EU funds.
The capital account surplus was at USD 767mn in May and USD 4.5bn for 5mo11 (USD 1,293bn in 5mo10).
Not counting the exceptionally large capital inflows in 2003, which appear to reflect an expectation of exchange rate appreciation rather than underlying economic fundamentals, the capital account surplus since the Asian financial crisis has averaged about 1.5 percent of gross domestic product.
Saying that the current account deficit cannot rise indefinitely is equivalent to saying that the capital account surplus cannot rise indefinitely, since they are tautologically equal.
Aside from measurement errors, the current account balance must be equal and opposite to the capital account balance because a country can import more than it exports only by selling foreigners claims on existing real or financial assets.(12) Thus a deficit in the current account must be balanced by an equal and opposite capital account surplus because the two accounts are the opposite sides of the same transaction.
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