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Current account

Related Terms:

savings account deposit account transfer payment basic balance import bank balance service checking account book account recording nation goods balance of payments bank current accounts export bank account

Definitions:

Noun

current account

Definition: that part of the balance of payments recording a nation's exports and imports of goods and services and transfer payments

checking account chequing account current account

Definition: a bank account against which the depositor can draw checks that are payable on demand

Definition: That part of the balance of payments recording a nation's exports and imports of goods and services and transfer payments

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