current accounts
Bank transaction accounts
Current accounts are bank accounts designed for everyday transactions rather than saving.
Money flows in and out regularly—deposits, withdrawals, bill payments, direct debits.
In American English, these are typically called checking accounts.
In economics, a country's current account tracks the balance of trade in goods, services, and transfers with other nations: The UK's current account deficit widened.
Spending past zero
- checkingAct of verification
- depositPlace for safekeeping
- withdrawalAct of taking away
- balanceSteadiness or amount owed
direct debit · standing order · bank statement · debit card · internet banking · mobile banking · credit transfer · payee
Assets-liabilities-equity report
- assetsOwned items of value
- liabilitiesAmounts owed to others
- receivablesOutstanding amounts owed you
- payablesAmounts owed to others
debtors · creditors · accruals · ledger · trial balance · reconciliation · double-entry · journal
Accessible money stockpile
- accessible fundsMoney readily available for use
- liquid assetsEasily convertible wealth
- disposableMade for one use
- solvencyCapacity to pay debts
convertible · short-term · working capital · cash position · available balance · realizable · spendable · float
overdraft
Spending past zero
- checkingAct of verification
- depositPlace for safekeeping
- withdrawalAct of taking away
balance · direct debit · standing order · bank statement · debit card · internet banking · mobile banking · credit transfer · payee · bank fees
balance sheet
Assets-liabilities-equity report
- assetsOwned items of value
- liabilitiesAmounts owed to others
- receivablesOutstanding amounts owed you
payables · debtors · creditors · accruals · ledger · trial balance · reconciliation · double-entry · journal · working capital
cash reserves
Accessible money stockpile
- accessible fundsMoney readily available for use
- liquid assetsEasily convertible wealth
- disposableMade for one use
solvency · convertible · short-term · working capital · cash position · available balance · realizable · spendable · float
- bankingbank, banks, ATM, ATMs, deposit
- Islamic financesalam, zakat, sharia compliance, Islamic finance, Islamic banking
current accountssavings accounts
Interest-bearing bank deposits
deposit accounts · term deposits · certificates of deposit · investment accounts · retirement accounts
current, account, accounts, currents, currently, currency, currencies, accounting, accountant