(n.) Account that gives little, or in most cases no interest. Holds the personal short-term money transactions. It is a fluctuating account held for either private or business reasons, sometimes at a bank, although in the case of the latter, may be held within a business. Credits to this account are share of profit, salary and interest allowed on capital account. Debits are loss of profit or drawings.
by Kung-Fu Jesus May 6, 2004
Get the current account mug.by Kat November 20, 2004
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The money (coinage) you get back from buying something which is useless to anybody with a real job, it is just change you cant buy anything with.
by Wes Store July 14, 2007
Get the Hobo Currency mug.(ECONOMICS) the annual increase in financial claims owed to the people of particular country, MINUS any increase of claims that same people owe abroad. The net annual increase in assets resulting from commerce with the rest of the world.
COMPONENTS
There are three components of current accounts:
(1) trade balance (surplus or deficit)
(2) foreign factor income (income minus outgo)
(3) net foreign aid
Usually the largest component of a current account surplus is the trade surplus, although in 1990 the USA actually had a quarterly current account surplus caused by massive "foreign aid" (actually, payments to defray the cost of waging the first Gulf War.
COMPONENTS
There are three components of current accounts:
(1) trade balance (surplus or deficit)
(2) foreign factor income (income minus outgo)
(3) net foreign aid
Usually the largest component of a current account surplus is the trade surplus, although in 1990 the USA actually had a quarterly current account surplus caused by massive "foreign aid" (actually, payments to defray the cost of waging the first Gulf War.
The South Korean won was lower late Tuesday as investor appetite for risk{y} assets was damped by broad-based losses in regional stock markets, led by a sharp fall in Chinese shares.
The local currency largely brushed off news that the country's current account surplus rose in May to a six-month high of $3.83 billion.
Traders said any positive impact from the current account data was offset by data showing the capital account balance... posted a net outflow of $11.96 billion in May, compared with a $8.56 billion inflow in April.
The local currency largely brushed off news that the country's current account surplus rose in May to a six-month high of $3.83 billion.
Traders said any positive impact from the current account data was offset by data showing the capital account balance... posted a net outflow of $11.96 billion in May, compared with a $8.56 billion inflow in April.
by Abu Yahya July 4, 2010
Get the current account surplus mug.Currency Tha High Spitta, Curren$y, is a southern rapper on Cash Money Records.
Because of Curren$y's thick southern accent, many people in the North mistake "Currency, Tha High Spitta" with "Currency, The Hospital."
Either one would make sense, theoretically.
Because of Curren$y's thick southern accent, many people in the North mistake "Currency, Tha High Spitta" with "Currency, The Hospital."
Either one would make sense, theoretically.
by CaraCarp0011 June 4, 2007
Get the Currency The Hospital mug.The tendency to measure the cost of something in margaritas or another drink with a fixed, easy-to-remember price.
It'll cost your five less margaritas to fly to Orlando on the 8th than on the 9th.
Think about it in margarita currency. Think about all the margaritas you could buy instead of those slut shoes.
Think about it in margarita currency. Think about all the margaritas you could buy instead of those slut shoes.
by hataraxia August 22, 2011
Get the margarita currency mug.Man 1: Man what time is it
Man 2: You know what time it is
Man 1: Naw like for real tho
Man 3 outta nowhere: Time to fornicate wenches acquire currency nigga
Man 1: Nigga you white
Man 2: You know what time it is
Man 1: Naw like for real tho
Man 3 outta nowhere: Time to fornicate wenches acquire currency nigga
Man 1: Nigga you white
by rocko caine January 1, 2017
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