current account
Americannoun
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current accounts
plural
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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
Other Word Forms
Noun Inflected Forms
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.
Some of the ones which pay the highest interest are only accessible if you hold a current account with the provider, she says.
From BBC ● Sep. 27, 2026
More recently, a collapsed property bubble has shriveled investment and further widened the current account surplus.
From The Wall Street Journal ● Aug. 28, 2026
Competition now sees banks try to win over new customers by offering cash to switch - but only if you use their current account as your main account.
From BBC ● Jul. 12, 2026
In the past quarter, the U.S. current account deficit was $190.7 billion.
From MarketWatch ● Jun. 10, 2026
If I borrow £500, then £500 is a debit to my current account, and a credit to my list of liabilities.
From "The Invention of Science" by David Wootton
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.
