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Current Account
(redirected from Current-account balance)

    Also found in: Dictionary/thesaurus, Legal, Financial, Wikipedia 0.03 sec.
current account
Economics that part of the balance of payments composed of the balance of trade and the invisible balance
Current Account 

a type of deposit operation in banks and savings banks. Deposits in current accounts are not time deposits; that is, the account holder can make deposits and withdrawals at any time. In the capitalist countries, current accounts for the most part hold the temporarily free capital and cash reserves of the capitalists. In the USSR, current accounts in banks may be opened by noneconomic institutions and enterprises, kolkhozes, and public organizations; current accounts in savings banks may also be opened by individuals.
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Chart: Annual Balance of Current Account Meaning of Divergence from Historical Trend in 1980 The current-account balance measures the difference between what residents of the US collectively earn and what they spend.
What's Ailing the Dollar? Part II by Eric Janszen / itulip.com
07 Contrary to what many people seem to believe, a simple, straightforward relationship does not exist between a nation's current-account balance and movements in its trade-weighted exchange rate.
Deficits and the dollar by Humpage, Owen F.; Shenk, Michael / Economic Trends
The current-account balance is the difference between a country's income from foreign sources and foreign obligations payable, excluding net capital investment.
Japan's current-account surplus falls on export slump by Japan Weekly Monitor
 
 
 
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