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Current account

That part of the balance of payments recording a nation's exports and imports of goods and services and transfer payments

📖 Definitions of "Current account"

noun
  1. 1

    That part of the balance of payments recording a nation's exports and imports of goods and services and transfer payments

  2. 2

    A checking account (US) at a bank which is used for daily transactions, as opposed to a deposit account or savings account.

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