current account
Americannoun
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Also called open account. an account of credits, debits, receipts, and expenditures between two individuals or companies, usually providing for settlement at the end of specified accounting periods.
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(in certain foreign countries) a checking account.
noun
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Canadian name: chequing account. US name: checking account. an account at a bank or building society against which cheques may be drawn at any time
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economics that part of the balance of payments composed of the balance of trade and the invisible balance Compare capital account
Etymology
Origin of current account
First recorded in 1840–50
Compare meaning
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Example Sentences
Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.
The government is slated to release February household spending data and current account balance figures on Tuesday and Wednesday, respectively.
From The Wall Street Journal • Apr. 3, 2026
Import prices and current account data are due at 8:30 a.m.
From MarketWatch • Mar. 25, 2026
She added that the country's current account gap is "too big."
From Barron's • Feb. 25, 2026
"Some of the children who are going to be taking part in this trial are not even old enough to open a current account or open a Facebook profile," he said.
From BBC • Dec. 10, 2025
When Mom finally kicked him out, Dad went to a new bank to open his own current account.
From "Wintergirls" by Laurie Halse Anderson
Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023
Idioms from The American Heritage® Idioms Dictionary copyright © 2002, 2001, 1995 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company.
