Current Account Balance
Current Account Balance definition :
The difference between the nation's total exports of goods, services and transfers and its total imports of them.
Current Account Balance of Payments
Definition of Current Account
This is a measure of a countries exports and imports. The current account measures ...
current account
portion of the balance of payments consisting of exports and imports of goods and services, as well as transfer payments such as foreign aid grants.
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Current account balance
Definition: A record of a country's earnings from the sale of visible and invisible items minus its expenditure on visible and invisible items from abroad.
Related glossary term: ...
Current Account = Capital Account + Change in Official Reserves
Here the current account can be thought of as exports minus imports, which is often identified as the trade balance, plus net income on foreign assets and transfers.
Current Account
That part of the balance of payments accounts that records demands for and supplies of a currency arising from activities that affect current income, namely imports, exports, ...
CURRENT ACCOUNT
That portion of a country's balance of payments that records current (as opposed to capital) transactions, including visible trade (exports and imports), invisible trade (income and expenditures for services), ...
Current Account. An offshore, personal savings or checking account.
Current Account Mortgage
An account whereby the borrowers mortgage account and current account are one single account. This mortgage will allow the borrower to make overpayments and underpayments.
Current Account. The portion of a country's balance of payments that records "visible" trade (exports and imports of goods), "invisible" trade(income and expenditures for services), interest payments, and transfer payments such as foreign aid.
Current Account:
A type of bank account normally use for business, a chequing account that bears no interest.
Current Account (Canada): ...
Current Account.
See: Balance of Payments.
Current Dollars
The actual dollar amount paid in sales transactions.
Current Account Balance - A broad measure of import-export activity that includes services, travel and tourism, transportation, investment income and interest, gifts, and grants along with the trade balance on goods.
Current Account
Account that reflects all payments between Canadians and foreigners for goods, services, interest and dividends. Along with the capital account it is a component of the balance of payments.
Current Assets ...
Current account
Net flow of goods, services, and unilateral transactions (gifts) between countries.
Current assets ...
Current account credit:
If a bank's client draws funds beyond the amount available in his account, he overdraws his account.
Current account balance of payments - Exports of goods and services minus imports of goods and services plus net incomes and current transfers from abroad.
Current Account
The part of Australia's Balance of Payments relating to imports and exports of goods and services and the net effect of income received and payments made on Australia's foreign debt and investments.
Current account balance
The differnece between the nation's total exports of goods, services and transfer and its total imports of them. Current account balance calculations exclude transactions in financial assets and liabilities.
current account balance: The difference between a country's savings and its investment. "[If] positive, it measures the portion of a country's saving invested abroad; if negative, the portion of domestic investment financed by foreigners' savings.
Current Account: A measure of the flow of goods, services and investment income between Canada and the rest of the world, including merchandise imports and exports, international service transactions, ...
Current account
The current account of Canada is a measurement of the flow of goods, services, and investment income to and from other countries.
Current Account: The portion of the balance of payments that tracks the import and export of goods and services.
Current Asset: The assets that can be converted to cash within one year.
CURRENT ACCOUNT DEFICIT: An imbalance in a nation's balance of payments current account in which payments received by the country for selling domestic exports are less than payments made by the country for purchasing imports.
Current Account + Capital Account = Change in Official Reserve Account
A common problem with the balance of payments identity is that, due to measurement error, the balance of payments may not total correctly.
current account balance the value of exports minus the value of imports plus net factor income from abroad plus net transfers from abroad. (31) ...
Current account
"The sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid)." ...
The current account shows the net amount a country is earning if it is in surplus, or spending if it is in deficit.
The 'Current Account' gives a record of a country's: (a) Trade Balance which shows the difference of exports and imports of physical goods such as machinery, textiles, chemicals and tea, ...
Most current accounts offer the same benefits and features - checkbook, ATM card for withdrawal, access for online transactions, overdraft facility, ability to earn interest - just to name a few.
26,709 current accounts, with advances.
24,106 accounts, deposits.
Total 66,569 accounts, against 59,182 at the end of 1903.
Business current accounts
For all the day-in, day-out stuff like making and receiving payments, you can rely on your business current account for a flexible and secure service.
Looking for current accounts that offer the best overdrafts? Try Moneyextra's current account comparison service .
Because the current account and the capital account add up to the total account, which is necessarily balanced, a deficit in the current account is always accompanied by an equal surplus in the capital account, and vice versa.
Items in the current account of the balance of payments of a countrys accounting books that correspond to gifts from foreigners or pension payments to foreign residents who once worked in the country whose balance of payments is being considered.
Current Account The The Current Account summarizes the flow of goods, services, income and transfer... Current Account - Australia Describes the flow of all goods and services, income, and transfer payments...
Basic balance In a balance of payments, the basic balance is the net balance of the combination of the current account and the capital account.
Counterpart items In the balance of payments, counterpart items are analogous to unrequited transfers in the current account.
A number summarizing the state of a country's international transactions, usually equal to the balance on current account plus the balance on financial account, but excluding official reserve transactions, ...
Checking accountCurrent account Common stockOrdinary shares. The term stock is casually used to refer to securities in the US, but not in the UK. The British usage is technically more correct. CPACertified public accountant.
But a country can often sustain a current account deficit for many years without its economy suffering, because any deficit is likely to be tiny compared with the country's national income and wealth.
The excess of domestic investment over domestic savings result in a current account deficit and this deficit is financed by capital flows in the balance of payments.
A combined mortgage and current account. Any savings each month earn the mortgage rate, which is a relatively high and tax-free rate of retu...(Read more)
Flexible Pension
Also known as deferred income and income drawdown....(Read more) ...
The United States trade and current account deficits show no signs of retreating anytime soon. In fact, we expect the coming trade figures to show further deterioration in the balance of trade over the next few months.
Unilateral transfers Items in the current account of the balance of payments of a country's accounting books that corresponds to gifts from foreigners or pension payments to foreign residents who once worked in the country whose balance of ...
There are several types of death benefits with variable annuities, including: Current account value or initial investment (whichever is greater), in which the beneficiary receives the vale of the annuity when the policyholder dies; Rising floor, ...
A company's net income from the start of the current accounting year until a specified date. For example, the year-to-date net income at May 31, 2009 for a calendar year company is the net income from January 1, 2009 until May 31, 2009.
(Note: This is not the same as the change in the current account portion of the balance of payments, since the current account also includes imports and exports of services.) More exports than imports produce what is generally considered a ...
In the balance of payments, counterpart items are analogous to unrequited transfers in the current account.
It is argued that free capital movement, in addition to the classical reasoning of comparative advantage, forces a fiscal discipline because of the adverse effects of current account and fiscal deficits - which can be masked with protectionist ...
An Offset mortgage allows you to keep your financial balances e.g. mortgage, savings, current account etc.
ACCOUNTS RECEIVABLE -- A list of the money owed on current account to a creditor, which is kept in the normal course of the creditor's business and represents unsettled claims and transactions ...
Governments often opt for devaluation when there is a large current account deficit, which may occur when a country is importing far more than it is exporting.
Premium payments received by an insurer for cover provided during the current accounting period. Premiums received which relate to cover which will be provided in a future period are known as unearned premiums.
Earnings ...
An overall statement of a country's economic transactions with the rest of the world over some period of time, consisting of the current account, capital account and changes in official foreign exchange reserves.
In a balance of payments, the basic balance is the net balance of the combination of the current account and the capital account.
Basic business strategies
Key strategies a firm intends to pursue in carrying out its business plan.
In particular, the Balance of Payments consists of the sum of the current account (the trade balance) and the capital account (the capital flow).
Fixed Assets
Assets that are not consumed or changed into money during the current accounting period. Such assets can include machinery, land, buildings, or property used to operate a business.
 See also: Balance of payments, Banks, Expense, Bills, Capital account
  
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