current account
noun
UK/ˈkʌr.ᵊnt əˌkaʊnt/
US/ˈkɝː.ᵊnt əˌkaʊnt/
Definitions of current account noun
- Countable
A bank account that allows for withdrawals at any time and typically accrues minimal or no interest.
I need to open a current account to manage my daily expenses.
The company uses its current account to handle daily transactions.
Current accounts usually offer easy access to funds, but the interest rates are low.