Meaning of the word "current account" in English
What does "current account" mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.
current account
US /ˌkɝː.ənt əˈkaʊnt/
UK /ˌkɝː.ənt əˈkaʊnt/
Noun
1.
a bank account from which money can be withdrawn at any time by cheque or debit card and on which interest is not usually paid
Example:
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I need to check the balance of my current account.
•
She opened a new current account at the bank.
2.
the balance of payments on goods, services, and transfers between a country and other countries
Example:
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The country's current account deficit widened last quarter.
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A strong export performance can improve the current account.
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