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.
That could mean setting up a direct debit from your current account to a savings account, organising cash into different envelopes or using round-up tools that put spare change aside when you spend.
From BBC ● Jul. 8, 2026
The won has depreciated almost 6% against the dollar this year, despite similar yields BX:AMBMKKR-10Y, lower inflation, a huge current account surplus and record exports.
From MarketWatch ● Jun. 9, 2026
The rupee's slide comes as India faces a widening current account deficit driven by costly energy imports.
From Barron's ● May 17, 2026
The current account is the broadest indicator of a country’s trading and investing relationship with other nations, and a deficit may reflect a low level of national savings relative to investment.
From The Wall Street Journal ● Apr. 27, 2026
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.
