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current account |
Also found in: Dictionary/thesaurus, Financial, Wikipedia | 0.06 sec. |
current accountIn economics, that part of the balance of payments concerned with current transactions, as opposed to capital movements. It includes trade (visibles) and service transactions, such as investment, insurance, shipping, and tourism (invisibles). The state of the current account is regarded as a barometer of overall economic health. In some countries, such as Italy, Spain, and Portugal, visibles make a large contribution to the current account and may more than offset trade deficits. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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| In general, you should always keep enough in your checking account to cover at least three month's worth of expenses. While other checking accounts try to get by with less, a Washington Mutual Free Checking account is over the top. Consumers also may be able to establish an overdraft line of credit or link a checking account to a credit card. |
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