Current Account - Definition

One of the two primary components of the Balance of payments, the other being the Capital account. It is 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).



Terms near "Current Account"

Custodian
Customers Advance
CVE
Cyclical
CYP
CZK
Daily Charts
Daily Cut-Off
Daily high
Daily low
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