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Noun: current account
Usage: Brit (N. Amer: checking account)
  1. That part of the balance of payments recording a nation's exports and imports of goods and services and transfer payments
    - checking account [US]
     
  2. A bank account against which the depositor can draw checks that are payable on demand
    - checking account [US], chequing account [Cdn]

Derived forms: current accounts

Type of: accounting, bank account

Part of: balance of international payments, balance of payments

Encyclopedia: Current account

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