What is another word for current accounts?

Pronunciation: [kˈʌɹənt ɐkˈa͡ʊnts] (IPA)

A current account is a type of bank account that allows customers to deposit and withdraw money on a frequent basis. There are several other terms that are often used interchangeably with "current accounts." For example, in the United States, a current account may also be referred to as a checking account or a transaction account. In the United Kingdom, the term "current account" is more commonly used, though some people may refer to it as a cheque account. Other synonyms for current accounts might include demand deposit accounts, everyday accounts or operational accounts. Regardless of the term used, the basic function of a current account remains the same: to provide a way for customers to easily access and manage their money.

What are the hypernyms for Current accounts?

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

Famous quotes with Current accounts

  • 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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