current account
Definition
Non interest-bearing bank account which allows the accountholder to write checks against the funds in the account. Called checking account in the US.
current account is in the Accounting & Auditing and Banking, Commerce & Finance subjects.
current account appears in the definitions of the following terms: balance of trade (BOT), two tier market, drawing account, consolidated fund, savings and loan (S&L) association, checking account, balance of payments (BOP) and absorption
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