current account
- noun
- /ˈkʌrənt əˈkaʊnt/
- UK
- I opened a current account at the bank to manage my day-to-day expenses.
This is the Barclays Premier current account with Avios Rewards.
- This is the Barclays Premier current account with Avios Rewards.
- This effects a small number of people who have the Barclays Premier current account with Avios rewards.
- So you can have one edge saver per edge current account, OK?
Examples
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So, I pulled up my family's 2011 tax return and our current account balances on Mint.com, and I got to work.
Blog text (9) -
Lewisham Plus Credit Union, which is one of the unions that offers a current account, is seeing membership growing by a quarter year on year.
Academic text (2009) -
This is the Barclays Premier current account with Avios Rewards.
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In recent years, some of the larger companies have turned into quasi-banks offering a range of financial services, including current accounts and checkbooks for traders, international aid agencies, and ordinary customers who wish to move money around safely.
Academic text (2003) -
Already, six million customers buy Tesco financial products and have deposited 4.4 billion with the company, but later this year the group intends to launch a savings account and a range of mortgages; then in the second half of 2011, it will launch a current account.
Blog text (10) -
She transferred money from her savings account to her current account to pay for the bills.
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Having a current account allows me to write checks and withdraw cash whenever I need it.
Synonyms
A record of money received and paid by a person or business
A service from a bank to keep and use your money
A bank account for daily payments and withdrawals using checks or a debit card
How Accessible
Surface Forms
Morphology
The compound relates to 'account' and a modifier 'current' that does not straightforwardly mean 'for everyday transactions' to a learner who knows only the basic senses; 'current' is used in a conventional banking sense (similar to 'checking account') rather than the simple temporal meaning 'present'. Because the banking sense is partially motivated by the constituents but requires lexicalized, culture-specific knowledge, it is not fully predictable for a B1 learner.
Etymology
Current account uses current to mean 'for daily use' and account as the bank record; picture money running in and out of your account every day. That's why it means the everyday bank account you use for payments and withdrawals.