Current account

 

 

 

Current account

 

Glossary of business

 

Definition of current account

 

The current account is usually taken to refer to the current account of the balance of payments which measures the exports and imports of goods and services between the UK and overseas. The current balance is the difference between revenue from exports of goods and services and the amount we have paid out to import goods and services. If the figure is negative, we are in deficit, while if it is positive we have a current account surplus.

 

Source : http://business-tes.wikispaces.com/file/view/Glossary.doc

link: http://business-tes.wikispaces.com/

Author : not indicated on the source document of the above text

 

Terminology about business

 

Job world

 

 

Definition and meaning of current account

 

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Meaning of current account

 

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What does current account mean ?

 

 

 

 

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