Current Account
Noun
US
/ˈkʌrənt əˈkaʊnt/
UK
/ˈkʌrənt əˈkaʊnt/
US
/ˈkʌrənt əˈkaʊnt/
UK
/ˈkʌrənt əˈkaʊnt/
The record of a country's trade in goods, services, and transfers.
Current Account affects cross-border transactions, trade, and currency exchange.
Also known as: Trade Account. Closely related to Balance of Payments, Trade Balance.
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Current Account - key concept in International Finance.
International economics; Forex; Policy
Applied in International Finance contexts: International economics; Forex