capital account
1
6.6
- noun
- Specialized
:
cuenta de capital
- Due to the unprecedented and complex global financial crisis and the PRC's huge imbalances, capital account liberalization has to be pursued in a cautious way.
OK, If that is true, China does have an open capital account in gold.
- OK, If that is true, China does have an open capital account in gold.
Examples
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Due to recent economic policies, the capital account has shown an unusual fluctuation in asset flows.
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The process of yuan internationalization essentially is a process of capital account liberalization.
Blog text (18) -
Reserve accumulation is fully explained by the sum of the current account and the capital account.
Blog text (18) -
Moreover, in October, the IMF is set to release official "rules of the road" for the use of capital-account regulations.
Blog text (10) -
Any country that runs a surplus on both accounts must accumulate foreign currency reserves, and the reason Germany has a large current account surplus and no foreign currency reserves is simply that it runs a large capital account deficit.
Blog text (18) -
We should accelerate the development of a multilevel capital market, take steady steps to make interest rates and the RMB exchange rate more market-based, and promote the RMB's convertibility under capital accounts in due course.
Blog text (13) -
Besides the fact that major reserve currency status would require complete liberalization of the capital account and a flexible financial system largely independent of government control, with clear and enforceable rules, it would put China's economy at the mercy of countries that want to turbo-charge growth by running large trade surpluses.
Blog text (18) -
The country's capital account recorded a significant increase in foreign investments last year.
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To improve its financial stability, the government needs to monitor its capital account closely.
Surface Forms
Morphology
The phrase is a straightforward noun–noun compound: an 'account' (a record) relating to 'capital' (funds/assets). A B1 learner who knows both constituents can infer it denotes the record or ledger for capital flows, even if they lack detailed economic knowledge, so the composition is transparent.
Etymology
Capital account is like a country's record book: capital means money and investments coming from other countries and account means the record. So it shows the flow of those investments and loans and is why people talk about a nation's 'investment flows'.