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current account
(redirected from Current account balance)

    Also found in: Legal, Financial, Encyclopedia, Wikipedia 0.03 sec.

current account

In 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, visibles make a large contribution to the current account and may more than offset trade deficits.



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? Mentioned in ? References in periodicals archive
 
The current account balance, a measure of money flowing in and out of a country, jumped to a surplus of 6.
The Fernandez effect by Adese, Carlos / Latin Trade
current account balance has consistently been in the negative territory.
An empirical analysis of the relationship between the budget deficit ... by Rahimian, Eric / Journal of Academy of Business and Economics
A taxpayer can compute the distribution every year based on the current account balance and life expectancy.
IRS allows one-time RMD-method change by Kautter, David J. / The Tax Adviser
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