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Current account
Meaning
Noun
●
That part of the
balance of payments
recording
a nation's
exports
and
imports
of
goods
and services and
transfer
payments
●
In British English, Irish English & Banking:
A
checking account
(US) at a
bank
which is used for
daily
transactions
,
as opposed to
a
deposit
account
or
savings
account
.
Sourced from
Wiktionary
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