Countries with large current accountdeficits are more vulnerable to financial and currency crises; those with surpluses can build up financial reserves to protect themselves in the future.
Times, Sunday Times (2014)
Weekend media reports raised the possibility that the country could tumble into current current accountdeficit by the middle of the decade.
Times, Sunday Times (2010)
The current accountdeficit widened dramatically.
Times, Sunday Times (2009)
Seefiscal deficit
Definition of 'current account'
current account
Explore 'current account' in the dictionary
countable noun
A current account is a personal bank account which you can take money out of at any time using your cheque book or cash card.
[British]regional note: in AM, use checking account