current account interest
1Current account — This article is about the macroeconomic current account. For day to day bank accounts, see Current account (banking). Cumulative Current Account Balance 1980–2008 (US$ Billions) based on the International Monetary Fund data In economics, the… …
2Current account — Net flow of goods, services, and unilateral transactions (gifts) between countries. The New York Times Financial Glossary * * * current account current account ➔ account1 * * * A country s current account balance is the sum of the visible… …
3current account — net flow of goods, services, and unilateral transactions (gifts) between countries. Bloomberg Financial Dictionary The part of the balance of payments which is due to trade flows. It can be broken down into visibles, which are physical goods… …
4current account — noun 1. that part of the balance of payments recording a nation s exports and imports of goods and services and transfer payments • Hypernyms: ↑accounting • Part Holonyms: ↑balance of payments, ↑balance of international payments 2. a bank account …
5current account — / kʌrənt əˌkaυnt/ noun 1. an account in an bank from which the customer can withdraw money when he or she wants. Current accounts do not always pay interest. ● to pay money into a current account Also called cheque account (NOTE: The US term is… …
6current account — / kʌrənt əˌkaυnt/ noun 1. an account in an bank from which the customer can withdraw money when they want. Current accounts do not always pay interest. ● to pay money into a current account (NOTE: American English is checking account) 2. an… …
7Current Account, Savings Account (CASA) — CASA accounts are most prominent in middle and southeast Asia, and are an attempt to combine savings and checking accounts to entice customers to keep their money in the banks. The current account portion pays no or very low interest, while the… …
8current account — 1) An active account at a bank or building society into which deposits can be paid and from which withdrawals can be made by cheque (see also cheque account). Building societies usually make no charges and pay interest on balances maintained in a …
9interest-bearing — ˈinterest ˌbearing adjective [only before a noun] FINANCE paying interest: • interest bearing current accounts * * * interest bearing UK US adjective [before noun] (also interest paying) FINANCE ► used to describe a financial pro …
10account — a record of a business transaction. When you buy something on credit, the company you are dealing with sets up an account . This means it sets up a record of what you buy and what you pay. You will do the same thing with any customers to whom you …
