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What is another word for current account?

Pronunciation: [kˈʌɹənt ɐkˈa͡ʊnt] (IPA)

A current account is a fundamental banking service that allows individuals and businesses to make transactions, receive payments, and manage their finances. However, there are several synonyms for the term that can be used interchangeably. One of them is a checking account, which is commonly used in the United States. Another synonym for a current account is a demand deposit account. This term is often used to describe an account where funds are available for withdrawal at any time without notice. Additionally, a transaction account is another synonym for a current account that denotes the account's primary function of facilitating transactions. Overall, these synonyms have the same purpose of providing individuals or businesses with a basic financial service to manage their money effectively.
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Synonyms for Current account:

What are the hypernyms for Current account?

A hypernym is a word with a broad meaning that encompasses more specific words called hyponyms.

  • Other hypernyms:

    checking account, transactional account, demand deposit account.

What are the hyponyms for Current account?

Hyponyms are more specific words categorized under a broader term, known as a hypernym.

  • hyponyms for current account (as nouns)

What are the holonyms for Current account?

Holonyms are words that denote a whole whose part is denoted by another word.

Famous quotes with Current account

  • But because we in the United States finance our current account deficit by borrowing in our own currency, we can move to a more competitive dollar without the adverse effects that followed currency declines in other countries.
    Martin Feldstein
  • Well, the U.S. is running a current account deficit; we are creating lots of investment opportunities in the United States that exceed our own domestic savings rates, so the issue here is to encourage higher savings rates in the United States.
    John W. Snow
  • The United States as usual has a sizable deficit in the current account of its balance of payments, trade account and other current accounts, current account items.
    Robert C. Solomon

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