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Current Account
(redirected from Current account balance)

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

A detailed financial statement representing the debit and credit relationship between two parties that has not been finally settled or paid because of the continuous, ongoing dealings of the parties.



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The current account balance, a measure of money flowing in and out of a country, jumped to a surplus of 6.
A taxpayer can compute the distribution every year based on the current account balance and life expectancy.
 
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