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Current Account
(redirected from Current-account balance)

   Also found in: Dictionary/thesaurus, Financial, Encyclopedia, Wikipedia 0.01 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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Chart: Annual Balance of Current Account Meaning of Divergence from Historical Trend in 1980 The current-account balance measures the difference between what residents of the US collectively earn and what they spend.
07 Contrary to what many people seem to believe, a simple, straightforward relationship does not exist between a nation's current-account balance and movements in its trade-weighted exchange rate.
The current-account balance is the difference between a country's income from foreign sources and foreign obligations payable, excluding net capital investment.
 
 
 
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